If property developers bought a suburban commercial office for a GST-inclusive price of $1 million, intending to demolish the building and use the land for a residential unit development, they …
What is Taxable Supply?
GST is only levied on “taxable supplies”. The difficulty in determining what is a taxable supply is illustrated by a recent Qantas case. The case involved $26.5m in forfeited air …
- Page 2 of 2
- 1
- 2