Taxation Administration Regulations 2017

PART 4 - OTHER TAXES (CHAPTER 3 IN SCHEDULE 1 TO THE ACT)  

Division 2 - Indirect taxes  

SECTION 58   REFUND SCHEME - SPECIFIED KINDS OF ENTITY  

58(1)    
For the purposes of paragraph 105-125(1)(a) in Schedule 1 to the Act, an entity of the kind mentioned in subsection (2) is specified.

58(2)    
For the purposes of subsection (1), an entity must be an entity that is the subject of an international agreement that provides that the Commonwealth is under an obligation to grant indirect tax concessions in relation to the entity.

Example:

The Australian-American Educational Foundation, which was established under the Agreement between the Government of the Commonwealth of Australia and the Government of the United States of America for the Financing of Certain Educational and Cultural Exchange Programmes.

The text of the agreement is set out in Australian Treaty Series [1964] ATS 15. In 2017, the text of the agreement in the Australian Treaty Series was accessible through the Australian Treaties Library on the AustLII website (www.austlii.edu.au).

58(3)    

International agreement
means:

(a) a convention or treaty to which Australia is a party; or

(b) an agreement between Australia and a foreign country;

and includes, for example, an agreement, arrangement or undertaking between a Minister and an official or authority of a foreign country.