A New Tax System (Luxury Car Tax) Act 1999

Part 3 - Paying the luxury car tax  

Division 15 - Adjustments  

Subdivision 15-A - General adjustments  

15-15  

15-15   Previously attributed luxury car tax amounts  
The previously attributed luxury car tax amount for a supply of a * luxury car is:

(a) the amount of any luxury car tax that was attributable to a * tax period in respect of the supply; plus

(b) the sum of any * increasing luxury car tax adjustments , under this Subdivision, that were previously attributable to a tax period in respect of the supply; minus

(c) the sum of any * decreasing luxury car tax adjustments , under this Subdivision, that were previously attributable to a tax period in respect of the supply.