12/07/2005 - 22:00

GST margin scheme changes now law

12/07/2005 - 22:00

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ON June 29 2005, the Tax Laws Amendment (Measures No. 2) Bill 2005 (Bill) received Royal Assent. Vendors and purchasers must now agree in writing to apply the margin scheme before settlement. This requirement applies to contracts entered into on or after June 29 2005.

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