A New Tax System (Goods and Services Tax) Act 1999
Note:Division 75 - Sale of freehold interests etc. 75-27 Decreasing adjustment for later payment of consideration (1)
You have a decreasing adjustment if:
(a) section 75-12 applied to working out the * margin for a * taxable supply of * real property that you made; and
(b) after you made the supply, a further amount of the * consideration was paid for the earlier supply referred to in that section. (2)
The amount of the decreasing adjustment is an amount equal to 1/11 of the further amount of the *consideration paid.
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