05 Jul 077 Exchange of GST Information with foreign revenue authorities - PS LA 2007/13On 4 July 2007, the ATO issued Practice Statement PS LA 2007/13 entitled "Exchange of Information with foreign revenue authorities in relation to goods and services tax, under international tax agreements". The purpose of the Practice Statement is to explain:
- what kinds of information relating to GST or obtained through the use of GST access powers may or may not be sent to foreign revenue authorities under our international tax agreements
- when information received directly or indirectly from foreign revenue authorities, under our international tax agreements, can be used for GST purposes, and
- how those things should be done.
For a copy of PS LA 2007/13, go here