Selling a business as a going concern

Platinum_ADL. · 发表于 2014-5-29 15:16:47

For GST purposes, when you sell a business, you are supplying a going concern if you sell all of the things that are necessary for the continued operation of the business and you carry on (or will carry on) the business until the day of the sale.
A sale of a going concern is GST-free if all of the following apply:
payment is made for the supply
the purchaser is registered (or required to be registered) for GST
the buyer and seller have agreed in writing that the sale is of a going concern
the supplier supplies all things necessary for the continued operation of the business
the supplier carries on the business until the day of supply.