SIS Regulation 13.22C, GST and SIS Act 93

Q:Can a SIS Reg 13.22c bucket company which holds property and cash register for GST and not breach the SIS Act? Note that the property being held is a commercial property with an arm's length lease with a non-related party.

A: Absolutely.  In fact it may breach the SIS Act if they did not register where GST is required as in commercial rent.

 

 

Please be advised this is general information only, and is not to be taken as legal advice. If you would like more information, or have a legal query, please contact Abbott & Mourly directly.
Reviewed: 17/01/2024