Solved

If a Newly Acquired Capital Real Property Is Used More

Question 18

True/False

If a newly acquired capital real property is used more than 50 percent for the provision of taxable supplies, the acquirer can claim 100 percent of the GST paid as an input tax credit.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions