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30 Oct 14 GST: brokerage services for sales or purchases on overseas exchanges - GSTD 2014/D4

On 29 October 2014, the ATO issued, for public comment by 28 November 2014, draft GST Determination GSTD 2014/D4 entitled "Goods and services tax: is the supply of brokerage services that facilitates the sale or purchase of financial products on overseas securities or futures exchanges, a GST-free supply under paragraph (a) of item 4 in the table in subsection 38-190(1) of the A New Tax System (Goods and Services Tax) Act 1999 (GST Act)?"

The question posed is answered "Yes".


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