TITLE

CATO: ATO OK on GST

PUB. DATE
March 2007
SOURCE
Travel Weekly Australia;3/16/2007, Issue 41, p5
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the rule of Australian Tax Office (ATO) that allows wholesalers not to pay goods and services taxes (GST) on cancellation fees and forfeited deposits for international bookings. The initiative was undertaken following the five year appeal for GST transparency by the Council of Australian Tour Operators (CATO). The ruling is not applicable to domestic canceled fees and forfeited deposits.
ACCESSION #
25061170

 

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