Sales Tax Determination

STD 95/3W - Notice of Withdrawal

Sales tax: credit for sales tax paid on travellers' cheques that are taken overseas

• Please note that the PDF version is the authorised version of this withdrawal notice.

FOI status:

may be released

Notice of Withdrawal

Sales Tax Determination STD 95/3 is withdrawn with effect from today.

1. Sales Tax Determination STD 95/3 explains that financial institutions are not entitled to a sales tax credit for travellers' cheques issued to customers and taken overseas.

2. The goods and services tax came into effect from 1 July 2000. Sales tax ceased to apply to transactions from that date.

3. This Determination is no longer current and does not apply to transactions occurring on or after 1 July 2000.

Commissioner of Taxation
11 July 2007

References

ATO references:
NO 2006/20258

Related Rulings/Determinations:

STD 95/3