Home       What's New?       Corporate       Business       Published Information       Ministers       Related Websites

Exposure Draft - Replacing the Current Mechanism for Exempting Australian Taxes, Fees and Charges from the GST


Tuesday, 19 April 2011

Content ID:



On 19 April 2011, the Assistant Treasurer announced that the Government would release draft Regulations for public consultation as part of its reform of the mechanism for exempting Australian taxes fees and charges from GST. The Regulations are provided for by legislation that formed part of the Tax Laws Amendment (2011 Measures No. 2) Bill 2011, introduced into Parliament on 24 March 2011.

The Hon Bill Shorten MP, Assistant Treasurer and Minister for Financial Services and Superannuation, has now released the exposure draft Regulations that prescribe fees and charges that will be treated as taxable supplies. The draft Regulations will ensure that the GST treatment of particular goods and services supplied by government related entities are consistent with the principles contained in the Intergovernmental Agreement on Federal Financial Relations.

Making a submission

Interested parties are invited to comment on the exposure draft and explanatory statement. While submissions may be lodged electronically or by post, electronic lodgement is preferred. For accessibility reasons, please submit responses sent via email in a Word or RTF format. An additional PDF version may also be submitted.

All information (including name and address details) contained in submissions will be made available to the public on the Treasury website unless you indicate that you would like all or part of your submission to remain in confidence. Automatically generated confidentiality statements in emails do not suffice for this purpose. Respondents who would like part of their submission to remain in confidence should provide this information marked as such in a separate attachment. Legal requirements, such as those imposed by the Freedom of Information Act 1982, may affect the confidentiality of your submission.

Closing date for submissions: Tuesday, 17 May 2011

Address written submissions to:
General Manager
Indirect Tax Division
The Treasury
Langton Crescent
Email: GSTadministration@treasury.gov.au

For enquiries, please call Joanne Kennedy (02) 6263 2079.

Documents Available:

Acrobat (PDF) documents

 Acrobat (PDF)

A New Tax System (Goods and Services Tax) Amendment Regulations 2011  107.58kb
Consultation Summary  90.99kb
Explanatory Statement  8.87kb

Microsoft Word (RTF) documents

 Microsoft Word (RTF)

Consultation Summary  878.24kb
Explanatory Statement  56.13kb

Related Items:

Submissions: Exposure Draft - Replacing the Current Mechanism for Exempting Australian Taxes, Fees and Charges from the GST - 7/07/2011
The abstract for this content item contains formatting that cannot be displayed in this list. Please follow the hyperlink to the item for more detail.

Treasury Portfolio Ministers - Link to website MoreSuper  - Link to website Carbon Price Modelling - Link to Website Clean Energy Future  - Link to website Review of compensation arrangements for consumers of financial services - Consultation Paper  - Link to website