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11 May 1010 Reform to the arrangement for exempting taxes, fees and charges from the GST

The Government will amend the GST law to replace the current mechanism for exempting Australian taxes, fees and charges with a principles-based legislative exemption, with effect from 1 July 2011.

The GST law currently specifies that Australian taxes, fees and charges are exempt from GST if they are included in a determination made by the Treasurer. This measure will allow the GST treatment of an Australian tax, fee or charge to be determined against legislative principles.

This measure will provide increased certainty to taxpayers and Government agencies in relation to the GST treatment of new taxes, fees and charges, as the tax treatment is not dependent on the item being listed in a determination. A principles-based legislative exemption will provide a more effective and transparent approach to exempting Australian taxes, fees and charges from the GST.

See Budget Paper No 2 p 25.

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