Definitions – Luxury car tax

News Tax & Compliance General Updates

Date: 31st Mar, 2025 Source: Australian Taxation Office (ATO) Country: Australia Original Source

Brief

On 31/03/2025, the Australian Taxation Office (ATO) issued an update regarding Definitions - Luxury car tax. The ATO clarified various terms such as Car, Commercial vehicle, Consideration, Eligible vehicle, Emergency vehicles, Fuel-efficient cars, Luxury car tax value, Net amount, Price, and more related to luxury car tax (LCT).

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Australian Taxation Office (ATO)

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Definitions – Luxury car tax

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Definitions – Luxury car tax

Brief

Australian Taxation Office (ATO)

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