Show download pdf controls
  • Luxury car tax relief for endorsed public institutions (including museums, galleries and libraries)

    In the 2015-16 Budget, the government announced that public institutions (including museums, galleries and libraries) endorsed by the Commissioner of Taxation as a deductible gift recipient will be relieved from paying luxury car tax for the importation or acquisition of luxury cars. The measure only applies to luxury cars that are a work of art or collectors' piece, imported or purchased by the public institution for the sole purpose of public display.

    This change takes effect from 28 February 2017.

    Legislation and supporting material

    Tax and Superannuation Laws Amendment (2016 Measures No. 2) Act 2016External Link received Royal Assent on 28 February 2017.

    See also:

      Last modified: 06 Mar 2017QC 45124