Dingbatt:
But to circle back to my original point. It’s okay for a multinational car rental company to buy 100s of EVs and get millions in rebates AND claim the gst back as well.
Admittedly accounting and related topics make my brain actively rebel against the horrific boredom, but in my limited understanding a business can only claim back GST for stock that is then on-sold. Anything purchased to be used by the company (even if it is used for the purposes of producing revenues) is still taxed. Therefore, a rental company would no more be able to claim back GST on cars they rent out than they would on chairs or computers, surely?


