A New Tax System (Goods and Services Tax) Act 1999
Note:Division 72 - Associates
For transitional provisions relating to a supply or acquisition that an incapacitated entity makes to or from an associate of the incapacitated entity, see note under Div 58 heading.
The fact that a supply to or from your * associate is without * consideration does not stop the supply from being any of the following for the purposes of the * GST law :
(a) a * GST-free supply;
(b) a supply that is * input taxed ;
(c) a * financial supply .
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