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ARTICLE · 04 MARCH 2010

Some GST relief for non-resident transporters

the Assistant Treasurer released draft legislation to change the application of GST on domestic transport. Announced in the last Federal Budget, they are aimed at reducing the GST compliance burden for transport providers. The Government has provided one week for public submissions to be made. being 5th March. This leaves interested parties with minimal time to absorb the proposed changes and determine whether they provide a solution for the current complicated GST outcomes that arise for r

AustraliaTax

On 26 February 2010, the Assistant Treasurer released draft legislation and explanatory material to change the application of GST on domestic transport where it is part of international transport. These changes were announced in the last Federal Budget and are aimed at reducing the GST compliance burden for transport providers. The Government has only provided one week for public submissions to be made on the draft legislation with the deadline being 5th March. This leaves interested parties with minimal time to absorb the proposed changes and determine whether they provide a solution for the current complicated GST outcomes that arise for resident and non-resident transporters of goods.

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