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GST and Income Tax Treatments of COVID-19 Government Grants and Stimulus Payments

Government Grants and Stimulus Payments During COVID-19

The ATO has just issued a worksheet which sets out its views on the income tax and GST consequences of many of the Government stimulus measures to assist individuals and businesses impacted by COVID-19.

The stimulus measures covered in the worksheet are by no means exhaustive, ie some are not addressed.

26 Feb 2021
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