A1A.396.

General taxes on provision of goods and services (TC 41)consists of taxes levied at manufacturer/production, wholesale or retail level. It includes single stage taxes and cumulative multistage taxes, where “stage” refers to a stage of production or distribution. This category is further classified into:

• sales tax (TC 411); and
• goods and services tax (GST) (TC 412).

Excludes: Taxes levied on international trade and transactions (classified to taxes on international trade (TC 43)).

A1A.397.

Sales tax (TC 411) consists of all general taxes levied on sales at one stage only, whether at manufacturing or production stages or on wholesale or retail trade. Please note that this classification item has been superseded since 1 July 2000 by goods and services tax (GST) (TC 412) but remains part of the GFS classifications in order to maintain the time series. In Australia, sales tax was a single stage tax designed substantially to fall on sales by manufacturers and wholesalers to retailers. The sales tax applied to goods only and not to services. Second hand goods that were used in Australia were not ordinarily taxed, but imported goods that had been used overseas were normally taxable in a similar fashion to new goods. Although termed a sales tax, the levy was not limited to sales only. Where goods had not already borne tax, it would (for example) fall on the leases of those goods or on the application of those goods to a taxpayer’s own use. It may have also been levied on importation of goods where they were not imported for sale by wholesalers, e.g. where they were imported by retailers or consumers. The tax was payable on what was termed a ‘sale value’ which was equivalent to a fair wholesale price.

Excludes: Taxes levied on international trade and transactions (classified to taxes on international trade (TC 43)).

A1A.398.

Goods and services tax (GST) (TC 412) consists of the GST which is a broad based tax on the supply of goods and services at virtually all stages of production and distribution, but which is ultimately charged in full to the final purchaser. The GST commenced from 1 July 2000. The GST is described as a deductible tax because producers are not usually required to pay the government the full amount of the tax they invoice to their customers, as they are permitted to deduct the amount of tax they have been invoiced on their own purchases of goods and services intended for intermediate consumption or fixed capital formation.

Includes: GST revenue receivable by the Commonwealth Government gross of the cost of collection but net of input tax credits.

A1A.399.

Excises (TC 42) consists of taxes levied as a product specific unit tax on a predefined limited range of goods. Excises may be imposed at any stage of production or distribution and are usually assessed as a specific charge per unit based on characteristics by reference to the value, weight, strength or quantity of the product. Excises are not limited to those taxes collected under Excise Acts and include taxes on water, electricity, gas, energy and agricultural production. If a tax collected principally on imported goods also applies, or would apply, under the same law to comparable domestically produced goods, then the revenue from this tax is classified as arising from excises rather than from import duties. This principle applies even if there is no comparable domestic production or no possibility of such production. This category is further classified into:

• excises on crude oil, LPG and petroleum products (TC 421);
• excises on beer and potable spirits (TC 422);
• excises on tobacco products (TC 423);
• Excise Act duties not elsewhere classified and refunds of Excise Act duties (TC 424);
• agricultural production taxes (TC 425);
• levies on statutory corporations (TC 426); and
• excises not elsewhere classified (TC 429).

Excludes: Taxes levied exclusively on the importation of goods (classified to customs duties on imports (TC 431)).

A1A.400.

Excises on crude oil, LPG and petroleum products (TC 421) consists of excises levied on the production of crude oil and naturally occurring LPG from Australian fields. The levy varies depending on volume and quality of the crude oil and the date the field came into production. It also consists of excises levied on petroleum products.

Includes: Duties collected under the Excise Act; diesel fuel oil tax.

A1A.401.

Excises on beer and potable spirits (TC 422) consists of Excise Act duties levied on beer and potable spirits.

A1A.402.

Excises on tobacco products (TC 423) consists of Excise Act duties levied on tobacco products.

A1A.403.

Excise Act duties not elsewhere classified and refunds of Excise Act duties (TC 424) consists of Excise Act duties that cannot be classified to excises on crude oil, LPG and petroleum products (TC 421), excises on beer and potable spirits (TC 422) or excises on tobacco products (TC 423) and all refunds under the Excise Act.

A1A.404.

Agricultural production taxes (TC 425) consists of levies raised on specified agricultural products usually assessed by reference to weight or quantity. Liability may be assessed at any stage of processing or distribution.

Includes: Taxes levied on wool, dairy products, poultry, cattle, sheep, wheat and wine grapes.

A1A.405.

Levies on statutory corporations (TC 426) consists of contributions which are required under legislation to be paid by specified statutory corporations to State / territory governments. The taxes are a fixed proportion of the revenue earned by statutory corporations.

Excludes: Taxes assessed on amounts equivalent to net profits and capital gains by State and Territory governments (classified to dividend income (including tax equivalents) (ETF 1132, SDC)).

A1A.406.

Excises not elsewhere classified (TC 429) consists of excises that cannot be classified to Excise Act duties not elsewhere classified and refunds of Excise Act duties (TC 424), agricultural production taxes (TC 425) or levies on statutory corporations (TC 426).

A1A.407.

Taxes on international trade (TC 43) consists of taxes that become payable when goods cross the national or customs frontiers of the economic territory, or when transactions in services exchange between residents and non-residents. This category is further classified into:

• customs duties on imports (TC 431);
• customs duties on exports (TC 432);
• agricultural produce export taxes (TC 433); and
• taxes on international trade not elsewhere classified (TC 439).

A1A.408.

Customs duties on imports (TC 431) consists of all levies and duties payable on goods of a particular kind because they are entering the country or services because they are delivered by non-residents to residents. The duties may be determined on a specific or ad valorem basis but they must be restricted by law to imported products. The various charges and exemptions which apply are based on country of origin, type of goods and value or quantity of goods.

Includes: Duties levied under the customs tariff schedule and its annexes; surtaxes that are based on the customs tariff schedule; consular fees; tonnage charges; statistical taxes; fiscal duties; surtaxes not based on the customs tariff schedule.

Excludes: Taxes collected on imports as part of a general tax on goods (classified to goods and services tax (GST) (TC 412)); excises applicable to both imported and domestically produced goods (classified to the appropriate category within excises (TC 42)).

A1A.409.

Customs duties on exports (TC 432) consists of levies that become payable on goods that are transported out of the country or services that are provided to non-residents by residents.

Excludes: Agricultural produce export taxes (classified to agricultural produce export taxes (TC 433)).

A1A.410.

Agricultural produce export taxes (TC 433) consists of taxes payable on specified agricultural produce exported from Australia. The tax rate is usually based on the quantity of products exported.

A1A.411.

Taxes on international trade not elsewhere classified (TC 439) consists of taxes on international trade that cannot be classified to customs duties on imports (TC 431), customs duties on exports (TC 432) or agricultural produce export taxes (TC 433).

A1A.412.

Taxes on gambling (TC 44) consists of taxes levied on gambling and betting stakes. These taxes may be collected either from the gambler as a percentage of his/her stake or from entities providing the gambling service either as a licence fee or percentage of their gross income from gambling. This category is further classified into:

• taxes on government lotteries (TC 441);
• taxes on private lotteries (TC 442);
• taxes on gambling devices (TC 443);
• casino taxes (TC 444);
• race and other sports betting taxes (TC 445); and
• taxes on gambling not elsewhere classified (TC 449).

Includes: Taxes on lottery tickets, poker machines, casinos, racing and football pools.

Excludes: Taxes on individual gains from gambling.

A1A.413.

Taxes on government lotteries (TC 441) consists of taxes on the profits of lotteries, "lotto" games, etc. organised by the government.

Excludes: Revenue share of privately organised lotteries.

A1A.414.

Taxes on private lotteries (TC 442) consists of stamp duties levied on, licences for and share of gross revenue of privately organised lotteries, 'lotto' games, football pools, etc.

A1A.415.

Taxes on gambling devices (TC 443) consists of taxes and licences imposed on clubs for the operation of poker machines and other gambling devices. The licence fee may be assessed as a percentage of gross profits generated by the club's poker machines or as a fixed rate that is dependent on the number and classes of machines operated by the club. These imposts are regarded as taxes (not fees from regulatory services) because of the substantial revenue they generate. A club may be granted a refund in proportion to its expenditure on community welfare.

Excludes: Revenue raised from the issue of bingo permits (classified to taxes on gambling not elsewhere classified (TC 449)).

A1A.416.

Casino taxes (TC 444) consists of licence fees and taxes levied on the holders of casino licences. Taxes and licence fees may be assessed as a proportion of gross profit or according to a fixed rate. The fees are deemed to be taxes, (not fees from regulatory services) because of the substantial revenue they generate.

A1A.417.

Race and other sports betting taxes (TC 445) consists of taxes levied on all forms of racing and other sports.

Includes: On-course and off-course betting; stamp duty on betting instruments; bookmakers’ licences and registration fees; taxes on gross revenue of bookmakers.

A1A.418.

Taxes on gambling not elsewhere classified (TC 449)consists of taxes levied on forms of gambling that cannot be classified to taxes on government lotteries (TC 441), taxes on private lotteries (TC 442), taxes on gambling devices (TC 443), casino taxes (TC 444) or race and other sports betting taxes (TC 445).

Includes: Revenue raised from the issue of bingo permits.

A1A.419.

Taxes on insurance (TC 45) consists of taxes levied specifically on insurance companies. This category is further classified into:

• insurance companies’ contributions to fire brigades (TC 451);
• third party insurance taxes (TC 452); and
• taxes on insurance not elsewhere classified (TC 459).

Includes: Taxes levied on insurance premiums; contributions collected to finance services which reduce insurable risk.

A1A.420.

Insurance companies' contributions to fire brigades (TC 451) consists of levies imposed on insurance companies to contribute to financing fire-fighting protection services.

A1A.421.

Third party insurance taxes (TC 452) consists of surcharges and stamp duties on third party insurance premiums.

A1A.422.

Taxes on insurance not elsewhere classified (TC 459) consists of taxes on insurance that cannot be classified to insurance companies’ contributions to fire brigades (TC 451) or third party insurance taxes (TC 452).

Includes: Stamp duties on insurance (other than third party insurance); contributions of insurance companies to Workers Compensation Board Funds and Casual Fire Fighters Compensation Funds.

A1A.423.

Taxes on financial and capital transactions (TC 46) consists of taxes levied on the change in ownership of property, except those classified as gifts, inheritance or estate transactions. This category is further classified into:

• financial institutions transactions taxes (TC 461);
• government borrowing guarantee levies (TC 462);
• stamp duties on conveyances (TC 463);
• stamp duty on shares and marketable securities (TC 464);
• other stamp duties on financial and capital transactions (TC 465); and
• taxes on financial and capital transactions not elsewhere classified (TC 469).

Includes: Taxes levied on the purchase and sale of non-financial or financial assets including foreign exchange or securities; taxes on cheques; taxes levied on specific legal transactions such as validation of contracts and the sale of immovable property.

Excludes: Taxes on use of goods and performance of activities (classified to taxes on the use of goods and performance of activities (TC 5)); taxes on immovable property (classified to taxes on immovable property (TC 31)).

A1A.424.

Financial institutions transactions taxes (TC 461) consists of taxes on debits or credits to accounts with financial institutions.

Includes: State / territory government duties on credits to accounts held with financial institutions.

Excludes: Stamp duties on cheques (classified to other stamp duties on financial and capital transactions (TC 465)).

A1A.425.

Government borrowing guarantee levies (462) consists of guarantee fees/charges levied on the borrowings of public authorities by government.

A1A.426.

Stamp duties on conveyances (TC 463) consists of the revenue earned from stamp duty on conveyances and transfer of real estate, business and other property.

Excludes: Stamp duties on motor vehicle registration (classified to stamp duty on vehicle registrations (TC 512)); taxes on insurance (classified to taxes on insurance (TC 45)); taxes on gambling (classified to taxes on gambling (TC 44)).

A1A.427.

Stamp duty on shares and marketable securities (TC 464) consists of the revenue earned from stamp duty on transfers of shares and marketable securities.

Excludes: Stamp duties on motor vehicle registration (classified to stamp duty on vehicle registrations (TC 512)); taxes on insurance (classified to taxes on insurance (TC 45)); taxes on gambling (classified to taxes on gambling (TC 44)).

A1A.428.

Other stamp duties on financial and capital transactions (TC 465) consists of the revenue earned from stamps affixed to or franked on documents which evidence financial and capital transactions.

Includes: Stamp duties on contracts, cheques, admission tickets and sales receipts.

Excludes: Stamp duties on conveyances (classified to stamp duty on conveyances (TC 463)); shares and marketable securities (classified to stamp duty on shares and marketable securities (TC 464)); motor vehicle registration (classified to stamp duty on vehicle registration (TC 512)); insurance (classified to taxes on insurance (TC 45)); gambling (classified to taxes on gambling (TC 44)).

A1A.429.

Taxes on financial and capital transactions not elsewhere classified (TC 469) consists of taxes on financial and capital transactions that cannot be classified to financial institutions transactions taxes (TC 461), government borrowing guarantee levies (TC 462), stamp duties on conveyances (TC 463), stamp duty on shares and marketable securities (TC 464) or other stamp duties on financial and capital transactions (TC 465).