a tax on reality

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From: Damien Morton (Morton@dennisinter.com)
Date: Fri Aug 18 2000 - 00:14:16 PDT


From chapter 4, part 4, subdivison 165 of the Australian Goods and Services
Tax (GST) Act

"For the purposes of making a declaration under this Subdivision, the
Comissioner may: (a) treat a particular event that actually happened as not
having happened; and (b) treat a particular event that did not actually
happen as having happaned and, if appropriate, treat the event as: (i)
having happened at a a particular time, and (ii) having involved particular
action by a particular entity; and (c) treat a particular event that
actually happened as: (i) having happened at a time different from the time
it actually happened, or (ii) having involved particular action by a
particular entity (whether or not the event actually involved any action by
that entity)"

of course, its only taxable events that are affected


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