- Australian Taxation Office issued a draft for public consultation on amending GST treatment for vehicle supplies
- The draft proposes exempting recipients of motor vehicle supplies from needing a tax invoice under certain conditions
- The exemption would apply when a buyer acquires a vehicle from a dealer who also receives a third-party incentive payment
- Feedback on the consultation is due by 6 June, 2024
Source: regfollower.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.
Latest Posts in "Australia"
- ATO Releases Updated Guide for GST Analytical Tool for Top 1000 Taxpayers
- ATO Finalizes GST Rules for Prepared Meals, Offers Transitional Compliance for Certain Products
- Updated GST Rulings on International Supplies: ATO Issues GSTR 2025/1 and GSTR 2025/2
- ATO Withdraws Practice Statement on GST Treatment of Government Agency Fees and Charges
- ATO Finalizes Waiver of Tax Invoice Requirement for Direct Entry Services in 2025