Daily Archives: August 24, 2011

A draft determination has been issued on the question of whether a ‘farming business’ is carried on where there has been a cessation of farming activities as a consequence of a decision to sell the land.   The answer could … Continue reading →

On 24 August 2011, the Commissioner issued a draft GST Determination – GSTD 2011/D2 – dealing with the arrangement described in TA 2010/1.  Essentially, the taxpayer alert and the draft determination cover an arrangement where, as part of an acquisition … Continue reading →

Keiran – we talked and talked but we can talk no more. Over the past several days, the Commissioner issued: A draft miscellaneous taxes ruling on the taxation aspects of immediate transfer farm-out arrangements. a draft miscellaneous taxes ruling on … Continue reading →

On 24 August 2011, the Commissioner issued GSTR 2011/D3 – a  draft ruling dealing with the GST treatment of loyalty programs.  The due date for submissions on the draft is 7 October 2011. Most of the ruling is not surprising … Continue reading →