A New Tax System (Goods and Services Tax) Act 1999
Note:Division 69 - Non-deductible expenses Subdivision 69-B - Elections for GST purposes relating to meal entertainment and entertainment facilities
If a circumstance specified in the second column of the following table occurs, the election ceases to have effect from the start of the tax period specified in the third column:
|When elections cease to have effect|
|Item||Kind of election||Circumstance||Tax period|
|1||Any election under this Subdivision||You withdraw the election||The tax period (which must not be a past tax period) specified in the withdrawal|
|2||An election under section 69-25||You make an election under section 69-30||The tax period at the start of which the election under section 69-30 takes effect|
|3||An election under section 69-30||You make an election under section 69-25||The tax period at the start of which the election under section 69-25 takes effect|
|4||An election under section 69-30||You cease to have a *valid meal entertainment register||The tax period during which you cease to have such a register|
|5||An election under section 69-25 or 69-30||You make an election under section 37AA or 37CA of the Fringe Benefits Tax Assessment Act 1986||The tax period during which the election is made|
|6||An election under section 69-35||You make an election under section 152B of that Act||The tax period during which the election is made|
Disclaimer and notice of copyright applicable to materials provided by CCH Australia Limited
CCH Australia Limited ("CCH") believes that all information which it has provided in this site is accurate and reliable, but gives no warranty of accuracy or reliability of such information to the reader or any third party. The information provided by CCH is not legal or professional advice. To the extent permitted by law, no responsibility for damages or loss arising in any way out of or in connection with or incidental to any errors or omissions in any information provided is accepted by CCH or by persons involved in the preparation and provision of the information, whether arising from negligence or otherwise, from the use of or results obtained from information supplied by CCH.
The information provided by CCH includes history notes and other value-added features which are subject to CCH copyright. No CCH material may be copied, reproduced, republished, uploaded, posted, transmitted, or distributed in any way, except that you may download one copy for your personal use only, provided you keep intact all copyright and other proprietary notices. In particular, the reproduction of any part of the information for sale or incorporation in any product intended for sale is prohibited without CCH's prior consent.