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ATO Response to Konebada Pty Ltd Case: Input Tax Credits and Creditable Acquisitions Clarified

  • ATO developing advice on claiming input tax credits and creditable acquisitions
  • Decision impact statement on Konebada Pty Ltd ATF the William Lewski Family Trust v Commissioner of Taxation
  • Outlines ATO’s response to case regarding creditable acquisitions and input tax credits
  • Published on 21 August 2024, comments period closes on 20 September 2024.

Source: ato.gov.au

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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