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Australia Consulting on Draft Guidance on GST governance and record keeping for financial suppliers

|Proposed Changes|Australia
Australia

The Australia Taxation Office has launched a public consultation on GST governance and record keeping for financial suppliers in relation to the priority issues in the GST Financial Services and Insurance (FSI) strategy. The guidance is relevant for businesses making financial supplies, including banks, credit unions, and life insurers, as well as businesses engaged in capital raising or mergers and acquisitions, and businesses engaged in providing advice in the area of financial supplies. T…

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