This consultation process has now been completed.
Date
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Consultation Type
Exposure Draft
Key Documents
The draft legislation will remove liability for luxury car tax from cars re-imported following service, repair or refurbishment overseas. This change was announced as part of the 2018-19 Budget, and will take effect from 1 January 2019.
This change will ensure the same luxury car tax treatment applies, regardless of where a car is refurbished. Resolving this inconsistency in the tax treatment of refurbished cars will align with the trade obligations Australia has to its foreign trading partners.
The Government is now seeking stakeholders’ views on the exposure draft legislation and accompanying explanatory materials which will give effect to this change.