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Learn the ins and outs of the GST enterprise concept in real property transactions to stay informed and compliant.
Learn the ins and outs of the GST enterprise concept in real property transactions to stay informed and compliant.
In this session, we cover:
Overview of the enterprise requirement for GST purposes
Canvas the various heads of the definition of "enterprise"
Understanding “in the form of a business”
What it means to be an “Adventure or concern in the nature of trade”
Scope and effect of ATO miscellaneous ruling MT 2006/1 and it’s application to real property transactions