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Date of issue: 24 July 2018
Ruling Number: IS 18/02
This Interpretation Statement considers the GST treatment of a distribution made by a GST-registered trading trust to a beneficiary, where that distribution consists of goods forming part of the trust’s taxable activity. It notes that the supply will be an associated supply, and the different timing and value of supply rules that apply to associated supplies. It also considers situations where supplies may trigger obligations on the trading trust to register for or deregister from GST.