Your institution may have access to this item. Find your institution then sign in to continue.
Title
GST: purchase of leased premises.
Abstract
The article examines the impact of the decision of Australia's Full Federal Court on October 18, 2013 in the case MBI Properties Pty. Ltd. versus FCT on goods and services tax (GST). The court stated that if there is an acquisition of the reversion of leased residential premises and the GST-free going concern concession has applied to the purchase, there will be no initial GST increasing adjustment for the purchaser.