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Understanding and Complying with Australian Indirect Taxes: A Guide for Businesses

  • Deloitte Australia’s indirect tax specialists help businesses understand and comply with Australian indirect tax obligations.
  • Australian indirect taxes include GST, customs duty, state taxes, fuel tax, WET, LCT, and more.
  • GST is payable on taxable supplies and importations, but not on GST-free and input taxed supplies.
  • Non-resident businesses may need to register and remit GST on cross-border supplies to Australian consumers.
  • Customs duty may apply to goods imported into Australia, with various considerations for businesses engaged in cross-border trade.
  • State taxes such as stamp duty and land tax add complexity to doing business and acquiring property in Australia.
  • Excise duty is a tax on certain alcohol, fuel, petroleum, and tobacco goods produced or manufactured in Australia.
  • Fuel Tax Credits provide businesses with a credit for fuel tax included in the price of fuel used in various vehicles and equipment.
  • Luxury Car Tax is a 33% tax on cars with a GST-inclusive value above the prescribed threshold, mainly payable by car dealers.
  • Wine Equalisation Tax is a complex tax applied at a high rate on wine.

Source: deloitte.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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