64625 (2024). Hon Dr Deborah Russell to the Minister of Revenue

64625 (2024). Hon Dr Deborah Russell to the Minister of Revenue: Further to written question 60065; Can the fiscal implications of the draft interpretation statement “GST treatment of fees paid in relation to managed funds” be quantified if it finalised in its current form?

Hon Simon Watts: Officials advise it is uncertain at this point if the fiscal implications can be quantified if the draft Interpretation Statement was finalised in its current form. There is limited information currently available on the impact of the draft Interpretation Statement. Submissions on the draft Interpretation Statement are due on 25 October 2024 and information provided by the industry may inform officials about how they may be impacted.