Miscellaneous 1999

GST - its impact on property transactions

Source: QLD

Published Date: 26 Jul 1999

 

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The GST will have a significant impact on the property market. To determine the extent of impact, it is necessary to review some of the GST basics for their affect on basic transactions. The paper covers the concept of supply, GST free and input taxed property transactions, attribution, transitional rules, rental income, and property management.

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