Australia’s goods and services tax (GST) law has been amended as from 1 October 2019. The change requires offshore entities supplying rights to use commercial accommodation in Australia to include those supplies in calculating their GST turnover. If the GST turnover of such offshore suppliers equals or exceeds the GST registration threshold (currently, turnover of AUD 75,000 per 12-month period), then GST must be remitted to the Australian tax authorities for taxable supplies made.
Source: Deloitte
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
