Advice under development – excise issues
We are developing advice and guidance on the following excise issues.
[4009] Excise Refund Scheme for alcohol manufacturers
Title
Excise guidelines for the alcohol industry – update to Chapter 7
Purpose
The update to Chapter 7 of the Guidelines will provide a detailed explanation of when an alcohol manufacturer has manufactured an alcoholic beverage, and when alcohol manufacturers are legally and economically independent for the purposes of the excise refund scheme.
Expected completion
August 2021
Comments
Update to the Guidelines has been delayed due to drafting of the proposed excise ruling which will set out the view on the meaning of ‘legally and economically independent’ and the new measures announced by the Government on the refund scheme.
Contact
Tony Giannaros, Private Wealth
Phone: (08) 7422 2438
wetnewmeasures@ato.gov.au
See also
[4018] Luxury car tax – principal purpose
Title
Draft Luxury Car Tax Determination
Luxury car tax: how to determine the principal purpose of a vehicle
Purpose
Luxury car tax is not payable on cars whose principal purpose is not the carriage of passengers. This draft Determination will set out the Commissioner’s preliminary view on how to determine whether a car is a commercial vehicle that is not designed for the principal purpose of carrying passengers. The draft Determination will address specific issues regarding vehicle modifications purporting to alter the principal purpose of a luxury car.
Expected completion
July 2021
Contact
William Reid, Private Wealth
Phone: (07) 3213 5863
William.reid@ato.gov.au
[4019] Fuel tax credits – public roads
Title
Draft Fuel Tax Determination
Fuel tax: what is a public road for the purposes of the Fuel Tax Act 2006?
Purpose
This draft Determination will set out the Commissioner’s proposed view on what is a public road for fuel tax credit purposes. This will assist clients, tax professionals and industry with consistent classification of public roads.
Expected completion
July 2021
Contact
Michelle Scott, Private Wealth
Phone: (07) 3419 5905
Michelle.Scott@ato.gov.au
[4023] Excise refund scheme – meaning of 'legally and economically independent'
Title
Draft Excise Ruling
Excise: meaning of ‘legally and economically independent’
Purpose
This draft Ruling will set out the Commissioner's preliminary view of the meaning of ‘legally and economically independent’ for the purposes of the excise refund scheme for alcohol manufacturers under item 21 of subclause 1(1) of Schedule 1 to Excise Regulation 2015 (and pending new measure currently being drafted).
Expected completion
August 2021
Comments
This Ruling will be published together with the revisions to Chapter 7 of the Excise Guidelines pertaining to the excise refund scheme (and pending new measure).
Contact
Tony Giannaros, Private Wealth
Phone: (08) 7422 2438
wetnewmeasures@ato.gov.au
We are developing advice and guidance on the following excise issues.