Australia: GST measures may affect foreign businesses | KPMG | GLOBAL

Australia: New GST measures may affect foreign businesses

Australia: GST measures may affect foreign businesses

The goods and services tax (GST) rules in Australia have been fairly consistent since July 2000. However, new GST measures may affect foreign entities doing business in Australia and their business deals.


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While the new GST business-to-business measures (effective 1 October 2016) will result in non-resident businesses staying out of the “GST net” when they make supplies to Australian registered recipients, other measures that will be effective from 1 July 2017 will bring foreign businesses into the GST net for the first time.


Read a May 2016 report prepared by the KPMG member firm in Australia: New GST measures may change the way businesses do deals

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