Commonwealth Consolidated Acts

A NEW TAX SYSTEM (LUXURY CAR TAX) ACT 1999 - SECT 13.15

             (1)  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.