04 March 2016

Australia introduces bill to extend GST to B2C cross-border supplies of digital products and services

The Australian Goods and Services Tax (GST) landscape for cross-border transactions is due for a radical change with the introduction of the Tax and Superannuation Laws Amendment (2016 Measures No 1) Bill 2016 into Parliament on February 10. These measures were previously released in draft form in October 2015. In this regard, Australia is joining many other countries in addressing the integrity of their tax systems in an endeavor to tax private consumption of digital products and services purchased from nonresident suppliers.

A Tax Alert prepared by Ernst & Young Australia, and attached below, provides additional details.

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Document ID: 2016-0446