A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 146.1 What this Division is about
A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 146.1
What this Division is aboutNon - residents may elect to be limited registration entities. Limited registration entities are not entitled to input tax credits for acquisitions and importations, and must have quarterly tax periods.
Note: The Commissioner may approve simpler approved forms for limited
registration entities: see subsection 388 - 50(3) in Schedule 1
to the Taxation Administration Act 1953 .