Document ID: chunk:federal_register_of_legislation:C2022C00033:section:4:p12
Version: federal_register_of_legislation:C2022C00033
Segment Type: section
Provision Reference: s 4 (pt 12/29)
Character Range: 37141–39631

previously attributed luxury car tax amount and the corrected luxury car tax amount.

Subdivision 15‑B—Change of use adjustments

15‑30  Changes of use—supplies of luxury cars
 (1) You have a decreasing luxury car tax adjustment if:
 (a) you were supplied with a *luxury car; and
 (b) luxury car tax was payable on the supply because you did not *quote for the supply; and
 (c) you were *registered at the time of the supply; and
 (d) you intend to use the car for a *quotable purpose; and
 (e) you have only used the car for a quotable purpose.
 (1A) You have a decreasing luxury car tax adjustment if:
 (a) you are supplied with a *luxury car; and
 (b) luxury car tax is payable on the supply; and
 (c) you are *registered at the time of the supply; and
 (d) were you to *import the car for the same purpose as your purpose in acquiring it, luxury car tax would, because of paragraph 7‑10(3)(ba), not be payable on the importation; and
 (e) you do not intend to use the car, or permit it to be used, other than for that purpose.
 (2) The *decreasing luxury car tax adjustment is equal to the amount of luxury car tax that was payable on the supply.
 (3) You have an increasing luxury car tax adjustment if:
 (a) you were supplied with a *luxury car; and
 (b) either:
 (i) no luxury car tax was payable on the supply because you *quoted for the supply; or
 (ii) you had a decreasing luxury car tax adjustment under subsection (1); and
 (c) you use the car for a purpose other than a *quotable purpose.
 (3A) You have an increasing luxury car tax adjustment if:
 (a) you were supplied with a *luxury car; and
 (b) you had a *decreasing luxury car tax adjustment under subsection (1A) in relation to the supply; and
 (c) either:
 (i) you use the car (or permit it to be used), and that use would have prevented a decreasing luxury car tax adjustment arising under that subsection if it had been your purpose in acquiring the car; or
 (ii) you supply the car to another entity.
 (3B) However, subparagraph (3A)(c)(ii) does not apply if luxury car tax would, because of paragraph 7‑10(3)(ba), not have been payable if the other entity had instead *imported the car for the same purpose as its purpose in acquiring the car from you.
 (4) The *increasing luxury car tax adjustment is equal to:
 (a) the amount of luxury car tax that the supplier of the car would have had to pay if you had not *quoted for the supply; or
 (b) the amount of the *decreasing luxury car tax adjustment;
whichever is