Private ruling: GST and mutual income for Owners Corporations
Date of advice: 6 December 2018
Published: March 2019

Ruling: Q1: Is the receipt of rental income from common property (i.e. from a mobile phone tower) a taxable supply, pursuant to section 9-5 and Division 195-1 of the GST Act? | A1: No. This scheme commences on: December 2018


Relevant legislative provisions: A New Tax System (Goods and Services Tax) Act 1999 section 9-5 | A New Tax System (Goods and Services Tax) Act 1999 Division 195-1 | Income Tax Assessment Act 1997 section 995-1 | Income Tax Assessment Act 1997 Division 17 | Income Tax Assessment Act 1997 Division 27 | Income Tax Assessment Act 1997 section 59-35