Commonwealth Consolidated Acts

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A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 40.180

Inbound intangible consumer supplies

             (1)  An * inbound intangible consumer supply is input taxed if:

                     (a)  it is made by a * non-resident; and

                     (b)  it is covered by a determination under subsection (2).

             (2)  The Minister may, by legislative instrument, determine that a specified class of * inbound intangible consumer supplies are input taxed.

             (3)  However, the Minister must not make the determination unless:

                     (a)  the * Foreign Minister has advised the Minister in writing that the treatment of the class of supplies under the * GST law would, apart from the determination, be inconsistent with Australia's international obligations; and

                     (b)  the Minister is satisfied that similar supplies made by * Australian residents would be input taxed.



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