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Edited version of your written advice
Authorisation Number: 1051413803361
Date of advice: 10 August 2018
Ruling
Subject: Goods and services tax
The Commissioner has ruled on each of the following questions.
Question 1
Does Entity A, in its capacity as responsible entity for trust A make a reduced credit acquisition where Advisers provide Adviser Services?
Question 2
Does Division 84 of A New Tax System (goods and Services Tax) Act 1999 (GST Act) apply where Entity A acquires supplies of Adviser Services from non-resident Advisers for supplies not connected with the indirect tax zone?
Relevant legislative provisions
A New Tax System (Goods and Services Tax) Act 1999:
Section 9-5
Section 11-5
Section 11-15
Section 40-5
Section 70-5
Section 70-10
Division 84
Section 84-5
A New Tax System (Goods and Services Tax) Regulations 1999:
Subregulation 40-5.09(3)
Regulation 70-5.02
Subregulation 70-5.02(2) item 32