Private ruling: GST and property
Date of advice: 6 October 2017
Published: March 2018

Ruling: Q1: Was the sale of the property situated at a specified location by ABC Pty Ltd as bare trustee and nominee for the identified partnership to XYZ Pty Ltd as trustee for Trust A a taxable supply under section 9-5 of the A New Tax System (Goods and Services Tax Act) 1999 ? | A1: No. | Q2: Did XYZ Pty Ltd as trustee for Trust A make a creditable acquisition in respect of the purchase of the property? | A2: No.