Summary
Amends the:
A New Tax System (Goods and Services Tax) Act 1999
,
Fuel Tax Act 2006
,
Income Tax Assessment Act 1997
and
Taxation Administration Act 1953
to require that input tax credits and fuel tax credits are claimed within a four year period;
A New Tax System (Goods and Services) Tax Act 1999
,
A New Tax System (Wine Equalisation Tax) Act 1999
and
Taxation Administration Act 1953
to enable residents of Australian external territories to claim refunds of good and services tax (GST) and wine equalisation tax under the tourist refund scheme;
A New Tax System (Goods and Services Tax) Act 1999
and
Taxation Administration Act 1953
to enable certain intermediaries to act as a principal for GST accounting purposes;
A New Tax System (Goods and Services Tax) Act 1999
in relation to: clarification of the calculation of the gambling operator’s margin when the supplies made by the operator are GST-free; and the treatment of supplies and acquisitions between associates without consideration; and
A New Tax System (Goods and Services Tax) Act 1999
,
A New Tax System (Luxury Car Tax) Act 1999
,
Fuel Tax Act 2006
and
Taxation Administration Act 1953
to provide for the treatment of overpaid refunds.