{"id":6866,"date":"2014-09-12T12:39:20","date_gmt":"2014-09-12T02:39:20","guid":{"rendered":"http:\/\/sites.thomsonreuters.com.au\/journals\/?p=6866"},"modified":"2014-09-12T12:39:20","modified_gmt":"2014-09-12T02:39:20","slug":"australian-gst-journal-update-august-2014","status":"publish","type":"post","link":"https:\/\/sites.thomsonreuters.com.au\/journals\/2014\/09\/12\/australian-gst-journal-update-august-2014\/","title":{"rendered":"Australian GST Journal update: August 2014"},"content":{"rendered":"<p style=\"text-align: justify;\">*Please note that the links to the content in this Part will direct you to Westlaw AU. If you are using Checkpoint, the links can be found in the <strong>CP PDF <\/strong>at the bottom of this post.<\/p>\n<p style=\"text-align: justify;\">The latest issue of the <i>Australian GST Journal <\/i>(Volume 14 Part 2) contains the following material:<\/p>\n<p style=\"text-align: justify;\"><a href=\"http:\/\/bit.ly\/1pQQkHk\" target=\"_blank\" rel=\"noopener\">EDITORIAL<\/a><\/p>\n<p style=\"text-align: justify;\"><a href=\"http:\/\/bit.ly\/1t733mA\" target=\"_blank\" rel=\"noopener\">CASE NOTE<\/a> \u00e2\u20ac\u201c <i>Melanie Baker<\/i><\/p>\n<ul style=\"text-align: justify;\">\n<li><b>Tutors, motor vehicle enthusiasts and litigation funders: A case update on what it means to \u00e2\u20ac\u0153carry on an enterprise\u00e2\u20ac\u009d<\/b><\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><a href=\"http:\/\/bit.ly\/1qBcD1w\" target=\"_blank\" rel=\"noopener\">NEWS FROM THE ASIA-PACIFIC<\/a><\/p>\n<ul style=\"text-align: justify;\">\n<li><b>South Korea: Korea\u00e2\u20ac\u2122s Tax Reform Proposals for 2014 <\/b><i>\u00e2\u20ac\u201c Daniel (Dong-keon) Lee<\/i><\/li>\n<li><b>Malaysia: GST implications on accommodation premises and similar establishments <\/b><i>\u00e2\u20ac\u201c Professor Jeyapalan Kasipillai<\/i><\/li>\n<\/ul>\n<h3 style=\"text-align: justify;\">Article<\/h3>\n<p style=\"text-align: justify;\"><a href=\"http:\/\/bit.ly\/1t73rSh\" target=\"_blank\" rel=\"noopener\"><b><i>An evaluation of the new GST refunds regime <\/i><\/b><\/a>\u00e2\u20ac\u201c Gina Lazanas and Robyn Thomas<\/p>\n<p style=\"text-align: justify;\">The new GST refunds regime in Div 142 of the <i>A New Tax System (Goods and Services Tax) Act 1999 <\/i>operates so as to restrict suppliers from recovering overpaid or over reported GST in circumstances where the burden of the excess amount has been \u00e2\u20ac\u0153passed on\u00e2\u20ac\u009d to recipients of supplies. The reforms followed years of uncertainty for the Commissioner and taxpayers in applying the previous restriction on GST refunds provision set out in s 105-65 of Sch 1 to the <i>Taxation Administration Act 1953<\/i>. The new regime includes a number of improvements, including a (qualified) input tax credit entitlement for recipients where the supplier has overcharged GST and is denied a refund under Div 142. Ongoing uncertainties include interpreting the meaning of \u00e2\u20ac\u0153passed on\u00e2\u20ac\u009d and the extent to which the High Court sales tax decision of <i>Avon Products Pty Ltd v Commissioner of Taxation <\/i>(2006) 230 CLR 356; [2006] HCA 29 will be applied in the GST context.<\/p>\n<p style=\"text-align: justify;\">To purchase this article, complete the <a href=\"https:\/\/sites.thomsonreuters.com.au\/journals\/subscribe-or-purchase\/individual-article-sale\/\" target=\"_blank\" rel=\"noopener\">Individual Article Sale<\/a> order form and email it to <a href=\"mailto:tlranz.journal.orders@thomsonreuters.com\">tlranz.journal.orders@thomsonreuters.com<\/a>.<b> <\/b><\/p>\n<p style=\"text-align: justify;\">For the pdf version of the table of contents, click here: <a href=\"https:\/\/sites.thomsonreuters.com.au\/journals\/wp-content\/uploads\/sites\/3\/2014\/09\/WAU-AGSTJ-Vol-14-No-2-Contents-Aug-14.pdf\">WAU &#8211; AGSTJ Vol 14 Pt 2 Contents<\/a> or here: <a href=\"https:\/\/sites.thomsonreuters.com.au\/journals\/wp-content\/uploads\/sites\/3\/2014\/09\/CP-AGSTJ-Vol-14-No-2-Contents-Aug-14.pdf\">CP &#8211; AGSTJ Vol 14 Pt 2 Contents<\/a>.<\/p>\n<p style=\"text-align: justify;\"><a href=\"http:\/\/bit.ly\/Z9GaWR\" target=\"_blank\" rel=\"noopener\">Click here to access this Part on Westlaw AU<\/a><\/p>\n<p style=\"text-align: justify;\"><a href=\"http:\/\/bit.ly\/1qjihqh\" target=\"_blank\" rel=\"noopener\">Click here to access this Part on Checkpoint<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The latest Part of the Australian GST Journal includes an article by Gina Lazanas and Robyn Thomas which evaluates the new GST refunds regime, a case note by Melanie Baker which provides a case update on what it means to &#8220;carry on an enterprise&#8221;, and two pieces in the News from the Asia-Pacific section: &#8220;South Korea: Korea\u00e2\u20ac\u2122s Tax Reform Proposals for 2014&#8221; \u00e2\u20ac\u201c Daniel (Dong-keon) Lee and &#8220;Malaysia: GST implications on accommodation premises and similar establishments&#8221; \u00e2\u20ac\u201c Professor Jeyapalan Kasipillai.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1844,39],"tags":[5023,5024,1842,586,5025,4213,185,5026,5027,5028,5029,5030,4215,4479],"class_list":["post-6866","post","type-post","status-publish","format-standard","hentry","category-australian-gst-journal-agstj","category-update-summaries","tag-a-new-tax-system-goods-and-services-tax-act-1999","tag-accommodation-premises","tag-agstj","tag-case-note","tag-daniel-dong-keon-lee","tag-gina-lazanas","tag-gst","tag-gst-refunds","tag-lititgation-funders","tag-malaysia","tag-melanie-baker","tag-professor-jeyapalan-kasipillai","tag-robyn-thomas","tag-south-korea"],"_links":{"self":[{"href":"https:\/\/sites.thomsonreuters.com.au\/journals\/wp-json\/wp\/v2\/posts\/6866","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sites.thomsonreuters.com.au\/journals\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sites.thomsonreuters.com.au\/journals\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sites.thomsonreuters.com.au\/journals\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/sites.thomsonreuters.com.au\/journals\/wp-json\/wp\/v2\/comments?post=6866"}],"version-history":[{"count":0,"href":"https:\/\/sites.thomsonreuters.com.au\/journals\/wp-json\/wp\/v2\/posts\/6866\/revisions"}],"wp:attachment":[{"href":"https:\/\/sites.thomsonreuters.com.au\/journals\/wp-json\/wp\/v2\/media?parent=6866"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sites.thomsonreuters.com.au\/journals\/wp-json\/wp\/v2\/categories?post=6866"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sites.thomsonreuters.com.au\/journals\/wp-json\/wp\/v2\/tags?post=6866"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}