Category: GST
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Luxury cars and hire purchase
Most luxury cars are financed in some way or another – although a car salesman friend of mine says a man wanted to buy his $80,000 BMW with cash, real notes. Maybe the car was still financed in some way (like mafia financed…). But this does beg a tax question? Does the luxury car tax…
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Another Federal Court versus High Court GST battle in the making…
Once again the Federal Court has found a new way to look at the most fundamental definition in the GST Act – a “supply”. In the MBI Case the Federal Court found that Division 135 did not apply. Division 135 stops this idea… I am buying your warehouse (commercial real property so GST applies) but…
TaxRambling.com 