- Australian Taxation Office released draft legislation on changing GST treatment of certain motor vehicle supplies
- Draft instrument would waive tax invoice requirement in certain circumstances
- Applies when recipient makes creditable acquisition of motor vehicle from dealer who receives third-party incentive payment
- Consultation on draft legislation closes on 6 June 2024
Source: kpmg.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.
