GST Legislation Plus

Publisher: Thomson Reuters


GST Legislation Plus


GST Legislation PLUS Overview

GST legislation is complex and difficult to apply and interpret, even for experts. GST Legislation PLUS addresses the shortfall of insufficient guidance by other resources. It is the must-have resource for those who need to understand and interpret the GST law and find the right information fast.

GST Legislation PLUS updates for 2021

  • Director ID legislation implemented 
  • Estimates regime extended to GST (PCG) 
  • Creditable acquisitions in a transaction accounts business – new rulings and PCG schedule 
  • Securitisation arrangements (updated GSTR)
  • GST and motor vehicles – major ruling update
  • Recent legislative determinations covering: waiver of tax invoices; third party adjustment notes; margin scheme; and cars supplied to disabled persons
  • New Cases covering: sales of residential property by charity (Melbourne Apartment); interest on overpaid GST (ATO loses appeal – Travelex); input tax credit and 4 year rule (TKGY); casino’s rebates and global GST (Crown); land subdivided and sold off over 50 years (San Remo)

GST Legislation PLUS Features

  • Full texts of the GST Act and cross-referenced tables of Regulations, and related legislation
  • Annotations of the legislation on a section-by-section basis
  • Annotations of all important cases from Australia (and on occasion from other GST and VAT jurisdictions)
  • Extensive history notes
  • Cross-references to ATO rulings: public, advice, industry issues rulings, bulletins, practice statements, and determinations
  • Cross-references to ATO legislative determinations
  • Complete list of all ATO interpretive decisions, sorted by relevant section, and all published ATO public rulings and ATO private rulings

GST Legislation PLUS Benefits

  • Provides a comprehensive set of GST legislation
  • Explains how key sections operate and should be applied
  • Sections designed to increase user efficiency, by-passing the need to go to s195-1 and then looping back to the actual definition
  • Allows tracking of legislative developments and amendments
  • Provides a quick reference to how various GST issues have been resolved by the courts