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Edited version of private advice

Authorisation Number: 1051950638093

Date of advice: 28 February 2022

Ruling

Subject: GST and going concern

Question

Is the supply of the leasing enterprise a supply of a going concern?

Answer

Yes

This ruling applies for the following period:

XX Month 20XX to XX Month 20XX

Reasons for decision

The Commissioner considered the application of the facts of the case regarding a supply of a going concern and section 38-325 of the GST Act and ruled accordingly.