The Australian Taxation Office has withdrawn a tax ruling on the application of Goods and Services Tax (GST) to digital goods and services provided by non-resident suppliers to Australian consumers. While non-resident suppliers are now relieved from having to account for GST on certain supplies, GST will still be applied to all supplies of digital products and imported services to Australian consumers. Businesses can ensure successful VAT recovery by meeting GST and VAT obligations, and staying up-to-date with the latest legislation, laws and regulations.
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