VATupdate

Share this post on

Australia Seeks Feedback on Proposed GST Amendment for Vehicle Supplies: Consultation Open Until June 6

  • 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.

Sponsors:

VAT news

Advertisements:

  • VAT news