I discussed the ATM interchange fee reforms here.
The A New Tax System (Goods and Services Tax) Regulations 1999 are being amended to ensure that all supplies of automatic teller machine (ATM) services are consistently input taxed.
This change is intended to prevent GST anomalies from arising as a result of the shift to direct charging for ATM services that will take place on 3 March 2009.
Treasury has now issued draft regulations and an explanatory statement for public comment
Submissions close on 5 February.