Commonwealth Numbered Regulations

[Index] [Table] [Search] [Search this Regulation] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

TAXATION ADMINISTRATION REGULATIONS 2017 (F2017L01227) - REG 59

Refund scheme--specified kinds of acquisition

             (1)  For the purposes of paragraph 105-125(1)(b) in Schedule 1 to the Act, an acquisition, by an entity mentioned in section 58, of the kind mentioned in subsection (2) is specified.

             (2)  The acquisition must be:

                     (a)  an acquisition that is permitted by the international agreement relevant to the entity; and

                     (b)  an acquisition of:

                              (i)  a thing the supply of which is a taxable supply; or

                             (ii)  wine on which the entity has borne wine tax (within the meaning of the A New Tax System (Wine Equalisation Tax) Act 1999 ).



AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback