Business Services Industry
[1761] GST: extent of creditable purpose for claiming input tax credits.
Australasian Business Intelligence, October, 2005
Byline: Paul Stacey
Oct 31, 2005 (Weekly Tax Bulletin - ABIX via COMTEX) -- The Australian Taxation Office (ATO) released Draft GST Ruling 2005/D7 on 19 October 2005. The Draft Ruling, on which the ATO is seeking
feedback by 18 November 2005, deals with the topic of creditable purpose in regard to the claiming of input tax credits. The Ruling provides entities with a number of methods
that they can use in order to determine the degree of an acquisition or purchase's creditable purpose. Once Draft GST Ruling
2005/D7 is issued in final form, it will replace GSTR 2000/15.
Publication Date: 21 October 2005
AUSTRALIAN TAXATION OFFICE
...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Design a commission plan that drives sales - Sales Commissions
