The Australian Taxation Office (ATO) on 10 August 2022 released a draft update on the goods and service tax (GST) treatment of financial supplies.
The draft update—GSTR 2002/2 Goods and service tax: GST treatment of financial supplies and related supplies and acquisitions—reflects changes in the GST law such as changes to the GST rules applicable to cross-border supplies and in relation to digital currency.
Source KPMG
