Published on 27 Jul 99
by QUEENSLAND DIVISION, THE TAX INSTITUTE
A number of specific provisions contained in the A New Tax System (Goods and Services Tax) Act 1999 deal with the hospitality, tourism and gaming industries. Yet it is important to keep in mind that it is not the classification of the taxpayer or industry that is relevant for GST purposes, but rather the specific supplies/ acquisitions. The paper looks at the general GST rules, and the specific rules for the focus industries including "GST-free" supplies, "input taxed" supplies, other taxable supplies with specific treatment, diesel and other fuels, loyalty programs and giveaways, food and beverages.
Patrick is a Partner in the Corporate Tax and Transaction Advisory group of Ernst & Young's Brisbane Office. He specialises in providing income tax and GST advice in relation to a range of transactions. Patrick's clients include large corporate taxpayers, retail property trusts, public corporations and government departments. Patrick has 16 years experience in dealing with taxation matters for clients and during his time in the profession has worked in Perth, Sydney, Melbourne, Kuala Lumpur and of course Brisbane.
Current at 30 July 2004
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