Show download pdf controls
  • Advice under development – GST issues

    We are developing advice and guidance on the following GST issues.

    [3869] Time limits on entitlements to tax credits

    Title
    Final Miscellaneous Tax Determination
    Time limits for claiming an input tax or fuel tax credit

    Registered
    10 July 2017

    Purpose
    The final Determination will set out the Commissioner's proposed views on when an entitlement to input tax and fuel tax credits do not cease.

    Expected completion
    To be advised

    Comments
    MT 2018/D1 issued on23 November 2018 with the consultation period ending on 25 January 2019.  Comments are being considered in addition to current litigation which may impact on the views set out in the draft Ruling.

    Contact
    taxcredits@ato.gov.au

    [3870] GST – supplies connected with Australia (intangibles)

    Title
    Draft Goods and Services Tax Ruling
    Goods and services tax: supplies of intangibles connected with the indirect tax zone (Australia)

    Registered
    9 June 2017

    Purpose
    The draft Ruling will set out the Commissioner’s proposed views on when a supply of intangibles will be connected with the indirect tax zone.

    Expected completion
    August 2019

    Contact
    Jo Drum, Indirect Taxes
    Phone: (03) 8792 1469
    Jo.Drum@ato.gov.au

    [3915] GST – improvements on the land

    Title
    Final Addendum to GSTR 2006/6
    Goods and services tax: improvements on the land for the purposes of Subdivision 38-N and Division 75

    Registered
    4 May 2018

    Purpose
    The final Addendum to GSTR 2006/6 will provide further details and clarification of the ATO view. The proposed changes to GSTR 2006/6 will provide greater certainty and make it easier for relevant entities to comply with their GST obligations.

    Expected completion
    October 2019

    Comments
    Draft Addendum to GSTR 2006/6 published on 27 June 2018. Comments period closed on 10 August 2018.

    Contact
    Don Eldridge, Indirect Taxes
    Phone: (08) 9268 8104
    Don.Eldridge@ato.gov.au

    [3951] GST – credit card issuing business

    Title
    Final Goods and Services Tax Determination
    Goods and services tax: determining the creditable purpose of acquisitions in a credit card issuing business

    Registered
    October 2018

    Purpose
    The final Determination sets out the Commissioner's views on how to apply paragraph 11-52(2)(a) of the A New Tax System (Goods and Services Tax) Act 1999 to acquisitions in a credit card issuing business. This will explain how the Commissioner's views in Goods and Services Tax Ruling GSTR 2008/1 Goods and services tax: when do you acquire anything or import goods solely or partly for a creditable purpose? apply in this specific context.

    Expected completion
    To be advised

    Comments
    Draft GSTD 2018/D1 published on 19 December 2018. Comments period closed on 15 March 2019.

    Contact
    Virginia Gogan, Indirect Taxes
    Phone: (03) 8632 4643
    Virginia.Gogan@ato.gov.au

    See also

    [3955] GST – assignment of payment streams

    Title
    Final Addendum to Goods and Services Tax Ruling GSTR 2004/4
    Goods and services tax: assignment of payment streams including under a typical securitisation arrangement

    Registered
    November 2018

    Purpose
    The final Addendum will provide for comment additional practical examples of whether common acquisitions made by a home loan odriginator relate to the supply of servicer services to a special purpose vehicle in the context of a typical securitisation arrangement.

    Expected completion
    To be advised

    Comments
    Draft GSTR 2004/4DC published on 5 April 2019. Comments period closes on 3 May 2019.

    Contact
    Virginia Gogan, Indirect Taxes
    Phone: (03) 8632 4643
    Virginia.Gogan@ato.gov.au

    [3956] GST – transaction accounts or deposits business

    Title
    Draft Goods and Services Tax Ruling
    Goods and services tax: determining the creditable purpose of acquisitions in a transaction accounts or deposits business

    Registered
    November 2018

    Purpose
    The draft Ruling will set out the Commissioner’s proposed views on how to apply paragraph 11-15(2)(a) of the A New Tax System (Goods and Services Tax) Act 1999 to acquisitions in a transaction and deposits accounts business. This will explain how the Commissioner’s existing views in Goods and Services Tax Ruling GSTR 2008/1 Goods and services tax: when do you acquire anything or import goods solely or partly for a creditable purpose? apply in this specific context.

    Expected completion
    June 2019

    Contact
    Virginia Gogan, Indirect Taxes
    Phone: (03) 8632 4643
    Virginia.Gogan@ato.gov.au

    Last modified: 08 Apr 2019QC 50319