EV 1051950638093currentnon-binding advice

GST and going concern

Non-binding edited private advice. This is an edited version of private advice the ATO gave to a specific taxpayer about their own circumstances. You cannot rely on it — it is not binding and provides no protection for anyone else (see PS LA 2008/4). Use it as a guide to the ATO’s thinking, not as authority.

Is the supply of the leasing enterprise a supply of a going concern?

Yes This ruling applies for the following period : XX Month 20XX to XX Month 20XX

The Commissioner considered the application of the facts of the case regarding a supply of a going concern and section 38-325 of the GST Act and ruled accordingly.