Commonwealth Consolidated Acts

A NEW TAX SYSTEM (LUXURY CAR TAX) ACT 1999 - SECT 2.5

  (1)   Part   2 sets out the rules that establish liability for the luxury car tax. The tax applies to both supplies and importations of luxury cars. (Divisions   5 and 7)

  (2)   There is a system of quoting which is designed to prevent the tax becoming payable until the car is sold or imported at the retail level. (Division   9)