GST Article – Purchasers required to withhold and remit GST payable by vendors: the general operation of the proposed legislation

Purchasers need to be aware of their obligations to remit GST payable by vendors of land under proposed legislation which is currently before Parliament. Failure to do so will give rise to substantial penalties. The legislation requires vendors to give certain notifications to purchasers. Vendors who fail to do so will incur substantial penalties. Similar …

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Categories GST