Tribunal finds the applicant’s professional valuations are “approved valuations” for the purposes of the margin scheme

By chrissievers In Decleah Investments Pty Ltd and Anor as Trustee for the PRS Unit Trust and Commissioner of Taxation [2017] AATA 2418 the Tribunal found that the professional valuations obtained by the applicant were not “approved valuations” for the purposes of the margin scheme in Division 75 of the GST Act. The Tribunal found that the only “approved valuation” before […] …read more

Source:: Chris Sievers – Barrister

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