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Long-Term Leases Will Attract GST, Says Authority For Advance Ruling

A leasing sign sits in front of an office building. (Photographer: Ty Wright/Bloomberg) Oct 13 2020, 12:37 ...

Long-Term Leases Will Attract GST, Says Authority For Advance Ruling

Long-Term Leases Will Attract GST, Says Authority For Advance Ruling

A leasing sign sits in front of an office building. (Photographer: Ty Wright/Bloomberg)

Two recent decisions by the Authority for Advance Ruling will increase the tax liability on land lease transactions.At the heart of both the rulings was a common question—can assignment of rights u…

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