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Edited version of private advice
Authorisation Number: 1051988919352
Date of advice: 16 June 2022
Ruling
Subject: Apportionment of consideration that is attributed to making a taxable supply
The Commissioner was asked to rule on:
Whether a particular formula was fair and reasonable to calculate the consideration attributable to taxable services performed by an entity in the Indirect Tax Zone.
The Commissioner ruled that:
The formula was fair and reasonable to calculate the value attributable to taxable services performed by the entity in the Indirect Tax Zone.
Relevant legislative provisions
Section 7-1 of the A New Tax System (Goods and Services Tax) Act 1999
Section 9-5 of the A New Tax System (Goods and Services Tax) Act 1999
Subsection 38-190(1) of the A New Tax System (Goods and Services Tax) Act 1999