The Tax Institute welcomes the opportunity to make a submission to Treasury in relation to the Designing a Modern Australian Business Number System Consultation Paper (Consultation Paper). A review of the Australian Business Number (ABN) system is supported. The use of an ABN has evolved considerably since its role as a core element of the introduction of the GST almost 20 years ago with the evolution of the economy and the increasing flexibility of the workforce. Our submission below addresses our main concerns in relation to the Consultation Paper. We note some general comments on certain aspects of the proposal to modernise the ABN system and a recommendation for the definition of carrying on an enterprise be the same for both the application for an ABN and applying for GST registration.
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