Australia: Proposed exemptions from sharing economy reporting regime

Proposed exemptions would apply even to supplies that create a GST liability for the supplier or electronic distribution platform

Proposed exemptions would apply even to supplies that create a GST liability

The Australian Taxation Office (ATO) proposed certain exemptions from the sharing economy reporting regime (SERR) for online platforms—which is broadly aligned with the OECD’s Model Reporting Rules for Digital Platforms and the EU’s DAC7.

Under the SERR, short-term accommodation, taxi travel, and ride-sourcing transactions have been reportable since July 2023. From July 2024, reporting obligations are expanding to include long-term accommodation, shared spaces, services, and intangible assets such as eBooks, apps, games, software, videos or podcasts.

The ATO released a draft legislative instrument (Taxation Administration (Reporting Exemptions for Electronic Distribution Platform Operators) Determination 2024 (LI 2024/D1)) which contains proposed reporting exemptions for:

  • “Services” not provided within Australia, which may include a broad range of supplies made by nonresidents
  • Transactions involving substantial property
  • Certain booking or reservation services and specific passenger travel services
  • Transactions with suppliers leasing more than 50 assets on a platform

The proposed exemptions would apply even to supplies that create a goods and services tax (GST) liability for the supplier or electronic distribution platform (EDP), and thus may create potentially differing reporting obligations from those otherwise required for GST purposes.

For more information, contact a KPMG professional in Australia:

Jaqueline Hardwick |

Catherine Ommundson |



The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organization. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 3712, 1801 K Street NW, Washington, DC 20006.