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Cost Group not listed for country

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Newbie

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I am unable to find Mongolia under the table 9 on this page: https://www.ato.gov.au/law/view/document?DocID=TXD/TD201613/NAT/ATO/00001&PiT=**TFN removed**35958

 

Does anyone know which cost group should be applied?

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Best answer

ATO Certified

Community Manager

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Hi @vaishnavsr,  

 

Thanks for your question! Great job in finding the right TD for this! Check out page 10 of the ruling - just above the table of countries it states "If a country is not listed in Table 1 use the reasonable amount in Table 2 for Cost Group 1." You can find the table you need on page 12.  

 

Thanks.

1 REPLY 1
Highlighted

Best answer

ATO Certified

Community Manager

Replies 0

Hi @vaishnavsr,  

 

Thanks for your question! Great job in finding the right TD for this! Check out page 10 of the ruling - just above the table of countries it states "If a country is not listed in Table 1 use the reasonable amount in Table 2 for Cost Group 1." You can find the table you need on page 12.  

 

Thanks.