The Property Council responded to the impact statement (DIS) for MBI Properties Pty Ltd v Commissioner of Taxation (MBI Case).
The Property Council warmly welcomes the DIS which confirms that the High Court’s decision is consistent with the Commissioner’s views on the GST consequences following a sale of leased premises, as set out in GSTD 2012/1 and GSTD 2012/2.
Download submission below.