Contents

1............ Short title............................................................................................. 1

2............ Commencement................................................................................... 2

3............ Schedules............................................................................................ 2

Schedule 1--Tax integrity: extending GST to digital products and other services imported by consumers                                                                                                                              3

Part 1--Main amendments                                                                                         3

A New Tax System (Goods and Services Tax) Act 1999                                        3

Part 2--Other amendments                                                                                      14

A New Tax System (Australian Business Number) Act 1999                              14

A New Tax System (Goods and Services Tax) Act 1999                                      14

Taxation Administration Act 1953                                                                         18

Part 3--Application                                                                                                     20

Schedule 2--GST treatment of cross-border transactions between businesses   22

Part 1--Cross-border supplies that are not connected with the indirect tax zone              22

A New Tax System (Goods and Services Tax) Act 1999                                      22

Taxation Administration Act 1953                                                                         30

Part 2--Cross-border supplies that are GST-free                                          31

A New Tax System (Goods and Services Tax) Act 1999                                      31

Part 3--Cross-border supplies that are not included in GST turnover 33

A New Tax System (Goods and Services Tax) Act 1999                                      33

Part 4--Value of taxable importations                                                               34

A New Tax System (Goods and Services Tax) Act 1999                                      34

Part 5--Application and saving provisions                                                      35

Schedule 3--Farm management deposits                                                              37

Part 1--Main amendments                                                                                       37

Income Tax Assessment Act 1997                                                                            37

Taxation Administration Act 1953                                                                         40

Part 2--Technical amendments                                                                              41

Income Tax Assessment Act 1997                                                                            41

 

 

 

Tax and Superannuation Laws Amendment (2016 Measures No. 1) Act 2016

No. 52, 2016

 

An Act to amend the law relating to taxation, and for related purposes

[Assented to 5 May 2016]

The Parliament of Australia enacts: