A New Tax System (Goods and Services Tax) Act 1999
27‑37 Special determination of tax perio27‑37 Special determination of tax periods on request
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27‑37 Special determination of tax periods on request
(1) The Commissioner may, in accordance with a request you make in the *approved form, determine the tax periods applying to you to be the tax periods specified in the request if the Commissioner is satisfied that: (a) your *GST turnover meets the *tax period turnover threshold; and (b) the tax periods specified in the request are consistent with the commercial accounting periods that apply to you; and (c) the tax periods specified in the request would, if determined under this section, result in 12 complete tax periods in each year; and (d) any other requirements specified in the regulations are complied with.
Note: Refusing a request for a determination under this section is a reviewable GST decision (see Subdivision 110‑F in Schedule 1 to the Taxation Administration Act 1953).
(2) A determination under this section overrides any determination under section 27‑15 or 27‑30 relating to tax periods applying to you.