Commonwealth Consolidated Acts

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

A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 188.35

The value of loans

    To the extent that a supply is constituted by a loan of * money or * digital currency, any repayment of the principal, and any obligation to repay the principal, is to be disregarded in working out the value of the supply.



AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback