Document ID: chunk:federal_register_of_legislation:C2025C00126:section:5:p31
Version: federal_register_of_legislation:C2025C00126
Segment Type: section
Provision Reference: s 5 (pt 31/33)
Character Range: 607455–610318

under which the contribution amount was determined.
 (b) the contributing member leaves the group in circumstances in which subsection 444‑90(1B) in that Schedule applies to the contributing member.
 (2) A supply made to a contributing participant (within the meaning of subsection 444‑80(1A) in Schedule 1 to the Taxation Administration Act 1953) of a *GST joint venture is not a *taxable supply if:
 (a) the supply is a release from an obligation relating to a contribution amount (within the meaning of that subsection) relating to liabilities of the *joint venture operator of the joint venture that are referred to in that subsection; and
Example: The obligation could be a contractual obligation created by the agreement under which the contribution amount was determined.
 (b) the contributing participant leaves the joint venture in circumstances in which subsection 444‑80(1B) in that Schedule applies to the contributing participant.
 (3) This section has effect despite section 9‑5 (which is about what are taxable supplies).

Division 111—Reimbursement of employees etc.

111‑1  What this Division is about
      You may be entitled to input tax credits for some reimbursements you make to employees (or associates of employees), agents, officers or partners for expenses they incur. The entitlement extends to charitable bodies and government schools reimbursing their volunteers.

111‑5  Creditable acquisitions relating to reimbursements
 (1) If one or more of the following applies:
 (a) you reimburse an employee or agent for an expense he or she incurs that is related directly to his or her activities as your employee or agent;
 (ab) you reimburse an employee (whether or not you are the employee's employer) for an expense that the employee or the employee's *associate incurs, and the reimbursement constitutes an *expense payment benefit;
 (ac) you reimburse an associate of an employee (whether or not you are the employee's employer) for an expense that the associate or employee incurs, and the reimbursement constitutes an expense payment benefit;
 (b) you are a *company and you reimburse an *officer for an expense he or she incurs that is related directly to his or her activities as your officer;
 (c) you are a *partnership and you reimburse a partner for an expense he or she incurs that is related directly to his or her activities as a partner in the partnership;
the reimbursement is treated as *consideration for an acquisition that you make from the employee, associate, agent, officer or partner.
Note: This section also applies if you reimburse the recipient of certain withholding payments: see section 111‑20.
 (2) The fact that the supply to you is not a *taxable supply does not stop the acquisition being a *creditable acquisition.
 (3) However, the acquisition is not a *creditable acquisition:
 (a) to the extent (if