A New Tax System (Luxury Car Tax) Act 1999
The luxury car tax payable by you on a * taxable supply of a luxury car is attributable to the same * tax period , or tax periods, applying to you as the tax period or tax periods to which:
(a) if the * supply is a * taxable supply - the taxable supply is attributable; or
(b) if the supply is not a taxable supply - the supply would be attributable if it were a taxable supply.
Note:
For the basic rules on attribution of taxable supplies, see section 29-5 of the GST Act.
(1A)
The luxury car tax payable by you on a * taxable supply of a luxury car that is supplied by way of lease or hire is entirely attributable to the first * tax period to which the supply of the car is attributable. This subsection has effect despite section 156-5 of the * GST Act .
Note:
Under that section, the luxury car tax could otherwise be payable on a periodic basis.
(2)
A * luxury car tax adjustment that you have is attributable to the same * tax period , or tax periods, applying to you as the tax period or tax periods to which:
(a) if the luxury car tax adjustment is an * adjustment - the adjustment is attributable; or
(b) if the luxury car tax adjustment is not an adjustment - the luxury car tax adjustment would be attributable if it were an adjustment.
Note:
For the basic rules on attribution of adjustments, see section 29-20 of the GST Act.
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