| Disclaimer This edited version has been archived due to the length of time since original publication. It should not be regarded as indicative of the ATO's current views. The law may have changed since original publication, and views in the edited version may also be affected by subsequent precedents and new approaches to the application of the law. You cannot rely on this record in your tax affairs. It is not binding and provides you with no protection (including from any underpaid tax, penalty or interest). In addition, this record is not an authority for the purposes of establishing a reasonably arguable position for you to apply to your own circumstances. For more information on the status of edited versions of private advice and reasons we publish them, see PS LA 2008/4. |
Edited version of your written advice
Authorisation Number: 1051462083835
Date of advice: 4 December 2018
Ruling
Subject: Sale of farm land
Question
Is the supply of the Land, a GST-free supply pursuant to section 38-480 of the GST Act?
Answer
Yes.
Relevant facts and circumstances
Relevant legislative provisions
A New Tax System (Goods and Services Tax) Act 1999 section 38-480