Contents

Part 1--Preliminary                                                                                                                1

Division 1--Preliminary                                                                                               1

1‑1......... Short title [see Note 1] ....................................................................... 1

1‑2......... Commencement .................................................................................. 1

1‑3......... States and Territories are bound by the luxury car tax law ................ 1

Division 2--Overview of the luxury car tax legislation                               2

2‑1......... What this Act is about ........................................................................ 2

2‑5......... Luxury car tax (Part 2) ........................................................................ 2

2‑10....... Paying the luxury car tax (Part 3) ....................................................... 2

2‑15....... Miscellaneous (Part 4) ........................................................................ 3

2‑20....... Interpretative provisions (Part 5) ....................................................... 3

2‑25....... Administration, collection and recovery provisions in the Taxation Administration Act 1953                3

Division 3--Identifying defined terms                                                                  4

3‑1......... When defined terms are identified ...................................................... 4

3‑5......... When terms are not identified ............................................................. 4

3‑10....... Identifying the defined term in a definition ........................................ 4

Division 4--Non‑operative material                                                                      5

4‑1......... Non‑operative material ....................................................................... 5

4‑5......... Explanatory sections .......................................................................... 5

4‑10....... Other material ..................................................................................... 5

Part 2--Luxury car tax                                                                                                         6

Division 5--Taxable supplies of luxury cars                                                     6

5‑1......... What this Division is about ................................................................ 6

5‑5......... Liability for luxury car tax .................................................................. 6

5‑10....... Taxable supplies of luxury cars .......................................................... 6

5‑15....... The amount of luxury car tax payable ................................................ 7

5‑20....... The luxury car tax value of a car ........................................................ 8

Division 7--Taxable importations of luxury cars                                          10

7‑1......... What this Division is about .............................................................. 10

7‑5......... Liability for luxury car tax on taxable importations ......................... 10

7‑10....... Taxable importations of luxury cars ................................................. 10

7‑15....... The amount of luxury car tax ............................................................ 11

7‑20....... Meaning of non‑taxable re‑importation ............................................ 12

Division 9--Quoting                                                                                                     14

9‑1......... What this Division is about .............................................................. 14

9‑5......... Quoting ............................................................................................. 14

9‑10....... Periodic quoting ................................................................................ 14

9‑15....... Manner in which quote must be made .............................................. 15

9‑20....... Incorrect quote nevertheless effective for certain purposes ............. 15

9‑25....... Quote not effective for certain purposes if there are grounds for believing it was improperly made      15

9‑30....... Improper quoting is an offence ......................................................... 16

Part 3--Paying the luxury car tax                                                                                 17

Division 13--Paying the luxury car tax                                                              17

13‑1....... What this Division is about .............................................................. 17

Subdivision 13‑A--Net amounts and adjustments                                               17

13‑5....... Luxury car tax added to net amount ................................................. 17

13‑10..... Adjustments ..................................................................................... 17

13‑15..... Attribution rules for taxable supplies of luxury cars and luxury car tax adjustments              18

Subdivision 13‑B--Paying luxury car tax on taxable importations of luxury cars              19

13‑20..... Paying luxury car tax on taxable importations of luxury cars ........... 19

13‑25..... Security or undertaking given under section 162 or 162A of the Customs Act       19

13‑30..... Application of Division 165 of the GST Act ................................... 20

Division 15--Adjustments                                                                                        21

15‑1....... What this Division is about .............................................................. 21

Subdivision 15‑A--General adjustments                                                               21

15‑5....... Luxury car tax adjustment event ....................................................... 21

15‑10..... Where adjustments for luxury car tax arise ....................................... 22

15‑15..... Previously attributed luxury car tax amounts ................................... 22

15‑20..... Increasing adjustments for supplies ................................................. 22

15‑25..... Decreasing adjustments for supplies ................................................ 23

Subdivision 15‑B--Change of use adjustments                                                    23

15‑30..... Changes of use--supplies of luxury cars ......................................... 23

15‑35..... Changes of use--importing luxury cars ............................................ 24

Subdivision 15‑C--Bad debts adjustments                                                            24

15‑40..... Writing off bad debts ........................................................................ 24

15‑45..... Recovering amounts previously written off ..................................... 25

Division 16--GST groups and GST joint ventures                                      27

16‑1....... What this Division is about .............................................................. 27

Subdivision 16‑A--Members of GST groups                                                        27

16‑5....... Who is liable for luxury car tax ......................................................... 27

16‑10..... Luxury car tax adjustments ............................................................... 27

Subdivision 16‑B--Participants in GST joint ventures                                      28

16‑15..... Who is liable for luxury car tax ......................................................... 28

16‑20..... Luxury car tax adjustments ............................................................... 28

16‑25..... Additional net amounts relating to GST joint ventures .................... 28

Division 17--Credits                                                                                                   30

17‑1....... What this Division is about .............................................................. 30

17‑5....... Credits for tax borne ......................................................................... 30

17‑10..... Claiming credits ................................................................................ 31

Division 18--Refunds                                                                                                  32

18‑1....... What this Division is about .............................................................. 32

18‑5....... Refunds for tax borne--primary producers ..................................... 32

18‑10..... Refunds for tax borne--tourism operators ....................................... 32

18‑15..... Claiming refunds ............................................................................... 33

18‑20..... Payment of refunds .......................................................................... 33

Part 4--Miscellaneous                                                                                                        34

Division 21--Miscellaneous                                                                                    34

21‑1....... Commonwealth etc. not liable to pay luxury car tax ........................ 34

21‑5....... Cancellation of exemptions from luxury car tax ............................... 34

21‑10..... Agreement with Commissioner regarding calculation of luxury car tax values         35

21‑15..... Application of the Criminal Code .................................................... 35

21‑20..... Regulations ....................................................................................... 35

Part 5--Rules for interpreting this Act                                                                      36

Division 23--What forms part of this Act                                                         36

23‑1....... What forms part of this Act ............................................................. 36

23‑5....... What does not form part of this Act ................................................ 36

23‑10..... Explanatory sections, and their role in interpreting this Act ............ 36

Division 25--Luxury cars                                                                                          38

25‑1....... Meaning of luxury car ...................................................................... 38

Division 27--The Dictionary                                                                                   40

27‑1....... Dictionary ......................................................................................... 40

Notes                                                                                                                                             47

An Act about a luxury car tax to implement A New Tax System, and for related purposes

Part 1-- Preliminary

Notes to the A New Tax System (Luxury Car Tax) Act 1999

Note 1

The A New Tax System (Luxury Car Tax) Act 1999 as shown in this compilation comprises Act No. 76, 1999 amended as indicated in the Tables below.

For application, saving or transitional provisions made by the Corporations (Repeals, Consequentials and Transitionals) Act 2001, see Act No. 55, 2001.

For all other relevant information pertaining to application, saving or transitional provisions see Table A.

Table of Acts

Act	Number and year	Date of Assent	Date of commencement	Application, saving or transitional provisions
A New Tax System (Luxury Car Tax) Act 1999	76, 1999	8 July 1999	1 July 2000
A New Tax System (Indirect Tax and Consequential Amendments) Act 1999	176, 1999	22 Dec 1999	Schedule 1 (items 169-186, 188, 191-202): (a) Schedule 1 (items 187, 189, 190): 1 July 2000 (a)	--
A New Tax System (Indirect Tax and Consequential Amendments) Act (No. 2) 1999	177, 1999	22 Dec 1999	Schedule 1 (items 163-169): (b)	--
A New Tax System (Tax Administration) Act (No. 1) 2000	44, 2000	3 May 2000	Schedule 3 (items 2, 3): (c)	--
Indirect Tax Legislation Amendment Act 2000	92, 2000	30 June 2000	Schedule 11 (item 16F): (d)	S. 2(7) (am. by 156, 2000, Sch. 7 [item 18])
as amended by
Taxation Laws Amendment Act (No. 8) 2000	156, 2000	21 Dec 2000	Schedule 7 (item 18): (da)	--
Taxation Laws Amendment Act (No. 8) 2000	156, 2000	21 Dec 2000	Schedule 2 (items 13-18, 25(2)) and Schedule 6 (items 42, 43, 49(1)): Royal Assent (e)	Sch. 2 (item 25(2)) and Sch. 6 (item 49(1))
Corporations (Repeals, Consequentials and Transitionals) Act 2001	55, 2001	28 June 2001	Ss. 4-14 and Schedule 3 (item 35): 15 July 2001 (see Gazette 2001, No. S285) (f)	Ss. 4-14 [see Note 1]
New Business Tax System (Capital Allowances--Transitional and Consequential) Act 2001	77, 2001	30 June 2001	Schedule 2 (items 15, 488(1)): Royal Assent (g)	Sch. 2 (item 488(1)) (am. by 119, 2002, Sch. 3 [item 97])
as amended by
Taxation Laws Amendment Act (No. 5) 2002	119, 2002	2 Dec 2002	Schedule 3 (item 97): (h)	--
Tax Laws Amendment (Long‑term Non‑reviewable Contracts) Act 2005	10, 2005	22 Feb 2005	Schedule 1 (item 16): 1 July 2005	--
Tax Laws Amendment (2006 Measures No. 2) Act 2006	58, 2006	22 June 2006	Schedule 7 (items 18-23): Royal Assent	--
Fuel Tax (Consequential and Transitional Provisions) Act 2006	73, 2006	26 June 2006	Schedule 5 (items 140-142): 1 July 2006 (see s. 2(1))	--
Tax Laws Amendment (Luxury Car Tax) Act 2008	101, 2008	3 Oct 2008	3 Oct 2008	Sch. 1 (item 10) and Sch. 2 (item 6) Sch. 1 (item 13) (rs. by 150, 2008, Sch. 1 [item 8])
as amended by
Tax Laws Amendment (Luxury Car Tax--Minor Amendments) Act 2008	150, 2008	11 Dec 2008	Schedule 1 (item 8): (i)	--
Tax Laws Amendment (Luxury Car Tax--Minor Amendments) Act 2008	150, 2008	11 Dec 2008	Schedule 1 (items 1-5): Royal Assent	Sch. 1 (item 5)

(a)     The A New Tax System (Luxury Car Tax) Act 1999 was amended by Schedule 1 (items 169-202) only of the A New Tax System (Indirect Tax and Consequential Amendments) Act 1999, subsections 2(3) and (5) of which provide as follows:

                 (3)   Part 2 of Schedule 1 (other than items 187, 189 and 190) commences immediately after the commencement of the A New Tax System (Luxury Car Tax) Act 1999.

                 (5)   Items 127, 133, 187, 189, 190, 232 and 235 of Schedule 1 commence, or are taken to have commenced, on 1 July 2000, or immediately after the commencement of item 9 of Schedule 3 to the A New Tax System (Pay As You Go) Act 1999, whichever is later.

(b)    The A New Tax System (Luxury Car Tax) Act 1999 was amended by Schedule 1 (items 163-169) only of the A New Tax System (Indirect Tax and Consequential Amendments) Act (No. 2) 1999, subsection 2(3) of which provides as follows:

                 (3)   Part 2 of Schedule 1 to this Act commences immediately after the commencement of Part 2 of Schedule 1 (other than the items for which specific commencement has been provided) to the A New Tax System (Indirect Tax and Consequential Amendments) Act 1999.

         Part 2 of Schedule 1 commenced on 1 July 2000.

(c)     The A New Tax System (Luxury Car Tax) Act 1999 was amended by Schedule 3 (items 2 and 3) only of the A New Tax System (Tax Administration) Act (No. 1) 2000, subsection 2(1) of which provides as follows:

                 (1)   Subject to this section, this Act commences, or is taken to have commenced, immediately after the commencement of section 1 of the A New Tax System (Tax Administration) Act 1999.

         Section 1 commenced on 22 December 1999.

(d)     The A New Tax System (Luxury Car Tax) Act 1999 was amended by Schedule 1 (item 16F) only of the Indirect Tax Legislation Amendment Act 2000, subsection 2(7) of which provides as follows:

                 (7)   Item 16F of Schedule 11 commences immediately after the commencement of Part 2 of Schedule 1  to the A New Tax System (Indirect Tax and Consequential Amendments) Act (No. 2) 1999.

         Part 2 of Schedule 1 commenced on 1 July 2000.

(da)   The Indirect Tax Legislation Amendment Act 2000 was amended by Schedule 7 (item 18) only of the Taxation Laws Amendment Act (No. 8) 2000, subsection 2(7) of which provides as follows:

                 (7)   Items 16 to 18 of Schedule 7 are taken to have commenced immediately after the Indirect Tax Legislation Amendment Act 2000 received the Royal Assent.

(e)     The A New Tax System (Luxury Car Tax) Act 1999 was amended by Schedule 2 (items 13-18) and Schedule 6 (items 42 and 43) only of the Taxation Laws Amendment Act (No. 8) 2000, subsection 2(1) of which provides as follows:

                 (1)   Subject to this section, this Act commences on the day on which it receives the Royal Assent.

(f)      The A New Tax System (Luxury Car Tax) Act 1999 was amended by Schedule 3 (item 35) only of the Corporations (Repeals, Consequentials and Transitionals) Act 2001, subsection 2(3) of which provides as follows:

                 (3)   Subject to subsections (4) to (10), Schedule 3 commences, or is taken to have commenced, at the same time as the Corporations Act 2001.

(g)     The A New Tax System (Luxury Car Tax) Act 1999 was amended by Schedule 2 (item 15) only of the New Business Tax System (Capital Allowances--Transitional and Consequential) Act 2001, subsection 2(1) of which provides as follows:

                 (1)   Subject to subsection (2), this Act commences on the day on which it receives the Royal Assent.

(h)     The New Business Tax System (Capital Allowances--Transitional and Consequential) Act 2001 was amended by Schedule 3 (item 97) only of the Taxation Laws Amendment Act (No. 5) 2002, subsection 2(1) (item 9) of which provides as follows:

                 (1)   Each provision of this Act specified in column 1 of the table commences, or is taken to have commenced, on the day or at the time specified in column 2 of the table.

 

Commencement information
Column 1	Column 2	Column 3
Provision(s)	Commencement	Date/Details
9.  Items 79 to 99 of Schedule 3	Immediately after the commencement of section 2 of the New Business Tax System (Capital Allowances--Transitional and Consequential) Act 2001	30 June 2001

(i)      Subsection 2(1) (item 3) of the Tax Laws Amendment (Luxury Car Tax--Minor Amendments) Act 2008 provides as follows:

                 (1)   Each provision of this Act specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.

 

Provision(s)	Commencement	Date/Details
3.  Schedule 1, item 8	Immediately after the commencement of the Tax Laws Amendment (Luxury Car Tax) Act 2008.	3 October 2008

Table of Amendments

ad. = added or inserted     am. = amended     rep. = repealed     rs. = repealed and substituted
Provision affected	How affected
Part 1
Division 2
S. 2‑10................................	am. No. 101, 2008
Heading to s. 2‑25...............	rs. No. 73, 2006
S. 2‑25................................	am. No. 73, 2006
Part 2
Division 5
S. 5‑10................................	am. No. 176, 1999
S. 5‑15................................	am. No. 101, 2008
S. 5‑20................................	am. No. 176, 1999; No. 156, 2000
Division 7
S. 7‑10................................	am. Nos. 176 and 177, 1999; No. 156, 2000
S. 7‑15................................	am. No. 176, 1999; No. 101, 2008
S. 7‑20................................	ad. No. 156, 2000
Part 3
Division 13
Subdivision 13‑A
S. 13‑15..............................	am. No. 156, 2000
Subdivision 13‑B
S. 13‑20..............................	am. No. 176, 1999
Note to 13‑20...................... Renumbered Note 1	No. 44, 2000
Note 2 to 13‑20...................	ad. No. 44, 2000
	am. No. 73, 2006
S. 13‑25..............................	am. No. 176, 1999; No. 156, 2000
Division 15
Subdivision 15‑A
S. 15‑5................................	am. No. 176, 1999
Subdivision 15‑C
S. 15‑40..............................	am. Nos. 176 and 177, 1999
S. 15‑45..............................	am. Nos. 176 and 177, 1999
Division 16
Div. 16 of Part 3..................	ad. No. 176, 1999
S. 16‑1................................	ad. No. 176, 1999
Subdivision 16‑A
S. 16‑5................................	ad. No. 176, 1999
S. 16‑10..............................	ad. No. 176, 1999
Subdivision 16‑B
S. 16‑15..............................	ad. No. 176, 1999
S. 16‑20..............................	ad. No. 176, 1999
S. 16‑25..............................	ad. No. 176, 1999
Division 18
Div. 18 of Part 3..................	ad. No. 101, 2008
S. 18‑1................................	ad. No. 101, 2008
S. 18‑5................................	ad. No. 101, 2008
	am. No. 150, 2008
S. 18‑10..............................	ad. No. 101, 2008
	am. No. 150, 2008
S. 18‑15..............................	ad. No. 101, 2008
S. 18‑20..............................	ad. No. 101, 2008
Part 4
Division 21
S. 21-1................................	am. No. 58, 2006
Part 5
Division 25
Heading to Div. 25 of Part 5	rs. No. 176, 1999
Subhead. to s. 25‑1(3)........	ad. No. 101, 2008
S. 25‑1................................	am. No. 176, 1999; No. 92, 2000 (as am. by No. 156, 2000); No. 77, 2001; No. 101, 2008
S. 25‑5................................	rep. No. 176, 1999
Division 27
S. 27‑1................................	am. Nos. 176 and 177, 1999; No. 156, 2000; No. 55, 2001; No. 10, 2005; No. 58, 2006; No. 101, 2008

Table A

Application, saving or transitional provisions

Taxation Laws Amendment Act (No. 8) 2000 (No. 156, 2000)

Schedule 2

25  Application

(2)        The rest of the amendments made by this Schedule apply, and are taken to have applied, to importations into Australia on or after 1 July 2000.

Schedule 6

49  Application

(1)        The amendments made by items 1 to 8, 13 to 19, 22 to 35, 37, 39, 40, 42 and 43 apply, and are taken to have applied, in relation to net amounts for tax periods starting on or after 1 July 2000.

New Business Tax System (Capital Allowances--Transitional and Consequential) Act 2001 (No. 77, 2001)

Schedule 2

488  Application

(1)        Subject to this item, the amendments made by this Schedule apply to:

                     (a)  depreciating assets:

                              (i)  you start to hold under a contract entered into after 30 June 2001; or

                             (ii)  you constructed where the construction started after that day; or

                            (iii)  you start to hold in some other way after that day; and

                     (b)  expenditure that does not form part of the cost of a depreciating asset incurred after that day.

Tax Laws Amendment (Luxury Car Tax) Act 2008 (No. 101, 2008)

Schedule 1

10  Application

(1)        The amendments made by items 1 to 3 of this Schedule apply to taxable supplies of luxury cars and taxable importations of luxury cars on or after 1 July 2008.

(2)        The amendments made by items 4 to 9 of this Schedule apply to taxable supplies of luxury cars and taxable importations of luxury cars on or after the day on which this Act receives the Royal Assent (regardless of when contracts for the supplies or importations were entered into).

13  Application

The amendments made by this Schedule do not apply where:

                     (a)  the contract to make the taxable supply or taxable importation of the luxury car was entered into before 7.30 pm, by legal time in the Australian Capital Territory, on 13 May 2008; or

                     (b)  the contract to make the taxable supply or taxable importation of the luxury car was entered into before that time and, after that time, a contract to finance the making of the supply is entered into.

Schedule 2

6  Application

The amendments made by this Schedule apply to taxable supplies of luxury cars and taxable importations of luxury cars on or after 1 July 2008.

Tax Laws Amendment (Luxury Car Tax--Minor Amendments) Act 2008
(No. 150, 2008)

Schedule 1

5  Application

The amendments made by items 1 to 4 apply to taxable supplies of luxury cars and taxable importations of luxury cars on or after 1 July 2008.