SUPPLEMENTARY Explanatory Memorandum
Amendments to be moved on behalf of the Government (Circulated by authority of the Treasurer, the Hon Peter Costello, MP)Chapter 3 - Amendment to the A New Tax System (Goods and Services Tax Administration) Bill 1998
Overview
3.1 This Chapter explains the amendment to the A New Tax System (Goods and Services Tax Administration) Bill 1998. The amendment relates to reviewable Goods and Services Tax (GST) decisions.
3.2 Amendment 1 provides that decisions the Commissioner of Taxation makes in relation to special tax periods are reviewable GST decisions (see paragraphs 1.3 to 1.8 in Chapter 1 about special tax periods).
3.3 If a person is dissatisfied with a taxation decision they may object against the decision and, ultimately, request a review or appeal against the decision. The mechanisms and conditions for doing this are set out in existing Part IVC of the Taxation Administration Act 1953 .