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Goods and Services Tax Ruling

GSTR 2005/5W


Goods and services tax: arrangements of the kind described in Taxpayer Alert TA 2004/8: use of the Going Concern provisions and the Margin Scheme to avoid or reduce the Goods and Services Tax on the sale of new residential premises

Attention This document has changed over time. View its history.


Notice of Withdrawal

Goods and Services Tax Ruling GSTR 2005/5 is withdrawn with effect from today.

1. This Ruling provides the Commissioner's view in relation to arrangements referred to in Taxpayer Alert TA 2004/8: Use of the Going Concern provisions and the Margin Scheme to avoid or reduce the Goods and Services Tax (GST) on the sale of new residential premises.

2. Subsection 75-11(5) was inserted into the A New Tax System (Goods and Services Tax) Act 1999 (GST Act) in 2005 to address the arrangements covered by this Ruling. Goods and Services Tax Ruling GSTR 2006/8 Goods and services tax: the margin scheme for supplies of real property acquired on or after 1 July 2000 provides the Commissioner's view on the application of subsection 75-11(5) of the GST Act.

3. The decision of the High Court in Commissioner of Taxation v. Unit Trend Services Pty Ltd [2013] HCA 16 confirmed that Division 165 of the GST Act operated to negate the GST benefit obtained by a scheme similar to the arrangements covered by this Ruling.

4. Accordingly, GSTR 2005/5 is no longer current and is therefore withdrawn.

Commissioner of Taxation

29 March 2017

© AUSTRALIAN TAXATION OFFICE FOR THE COMMONWEALTH OF AUSTRALIA

You are free to copy, adapt, modify, transmit and distribute this material as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).

previously issued in draft form as GSTR 2004/D6



References

ATO references:
NO  1-AVJWI5W

ISSN: 2205-6157

Related Rulings/Determinations:
TR 2006/10
GSTR 2002/5
TD 92/124

Subject references:
enterprise
GST anti-avoidance
GST going concern
GST property and construction
GST margin scheme
residential premises

Business line: ITX

Legislative references:
ANTS(GST)A99 9-20
ANTS(GST)A99 38-325
ANTS(GST)A99 38-325(1)
ANTS(GST)A99 38-325(2)
ANTS(GST)A99 38-325(2)(a)
ANTS(GST)A99 Subdiv 38-J
ANTS(GST)A99 Subdiv 40-C
ANTS(GST)A99 Div 75
ANTS(GST)A99 75-5
ANTS(GST)A99 75-5(1)
ANTS(GST)A99 75-5(2)
ANTS(GST)A99 75-10(2)
ANTS(GST)A99 75-10(3)
ANTS(GST)A99 75-11(7)
ANTS(GST)A99 Div 165
ANTS(GST)A99 165-5
ANTS(GST)A99 165-5(1)(a)
ANTS(GST)A99 165-5(1)(b)
ANTS(GST)A99 165-5(1)(c)
ANTS(GST)A99 165-10(1)
ANTS(GST)A99 165-10(2)
ANTS(GST)A99 165-15
ANTS(GST)A99 165-15(1)
ANTS(GST)A99 165-15(1)(a)
ANTS(GST)A99 165-15(1)(b)
ANTS(GST)A99 165-15(1)(c)
ANTS(GST)A99 165-15(1)(d)
ANTS(GST)A99 165-15(1)(e)
ANTS(GST)A99 165-15(1)(f)
ANTS(GST)A99 165-15(1)(g)
ANTS(GST)A99 165-15(1)(h)
ANTS(GST)A99 165-15(1)(i)
ANTS(GST)A99 165-15(1)(j)
ANTS(GST)A99 165-15(1)(k)
ANTS(GST)A99 165-15(1)(l)
ANTS(GST)A99 165-40
ANTS(GST)A99 195-1
Goods and Services Tax Act 1985 (NZ) 11(1)(c)
ITAA 1936 Pt IVA
TAA 1953 Sch 1 Div 358
Tax Laws Amendment (2005 Measures No. 2) Act 2005

Case references:
Aurora Developments Pty Ltd v. Federal Commissioner of Taxation
(2011) 192 FCR 519
[2011] FCA 232
(2011) 82 ATR 91
2011 ATC 20-250

C of T v. Hart
[2004] HCA 26
2004 ATC 4599
55 ATR 712

C of T v. Sleight
[2004] FCAFC 94
2004 ATC 4477
55 ATR 555

C of T v. Spotless Services Ltd
(1996) 186 CLR 404
96 ATC 5201
34 ATR 183

Commissioner of Inland Revenue v. Smiths City Group Limited
14 NZTC 9140

Other references
Explanatory Memorandum to the A New Tax System (Goods and Services Tax) Bill 1998
Taxpayer Alert TA 2004/8: Use of the Going Concern provisions and the Margin Scheme to avoid or reduce the Goods and Services Tax (GST) on the sale of new residential premises

GSTR 2005/5 history   Top  
   Date   Version   Change 
   14 September 2005   Original ruling   
   31 October 2012   Consolidated ruling   Addendum 
   27 March 2013   Consolidated ruling   Addendum 
   26 June 2013   Consolidated ruling + note   Case note 
 You are here ®  29 March 2017   Withdrawn   


 


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