GST 2013

GST and buying or selling a business

Source: Victoria

Published Date: 5 Sep 2013

 

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This paper includes a detailed look at the GST implications of buying and selling a business, via a share sale or asset sale. It specifically examines:

  • the choice from a GST perspective – share sale or asset sale?
  • the FAT (Div 189)
  • GST-free going concerns and Div 135 adjustments
  • cancelling your GST registration and Div 138 adjustments
  • assumed liabilities – statutory and contractual?

Individual Session

GST and buying and selling a business

Author(s): Shoba Kanniappan , Bastian Gasser ATI

Details

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Unless expressly stated, opinions are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

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