CTHIn ForceAct
Income Tax Assessment Act 1997
27‑25 GST groups and GST joint ventures27‑25 GST groups and GST joint ventures
Start here
Get a plain-English read of 27‑25 GST groups and GST joint ventures
Turn the raw legal text into a practical explanation grounded in Income Tax Assessment Act 1997.
27‑25 GST groups and GST joint ventures
(1) A *member of a *GST group is to be treated, for the purposes of this Division, as if Subdivision 48‑B of the *GST Act (other than subsections 48‑45(3) and (4)) did not apply to that member. (2) A *participant in a *GST joint venture is to be treated, for the purposes of this Division, as if Subdivision 51‑B of the *GST Act did not apply to that participant.