[LINK] GST on internet sales

[Nick Ross]

I wrote this on it... 3 years ago!

http://www.abc.net.au/technology/articles/2011/01/10/3109702.htm

N


On 27 November 2013 13:32, Michael <mike at bystander.net> wrote:

> I don't follow the logic on this one.
> Collecting GST on inbound individual parcels is costly. Presumably many
> dollars per item, if the $1000 threshold is reasonable.
> The retailers are asking the government to spend this collection money to
> tax the customers, resulting in consumers/tax-payers being worse off.
> Retailers have little evidence to show that GST collection will impact O/S
> purchases. One would think that international shipping would negate any
> savings from GST, but apparently retailers are unable to compete even with
> that advantage.
> Is the government here to serve the people or vested business interests?
> Regards,
> Michael Skeggs
>
>
>
> On 27 November 2013 13:06, Marghanita da Cruz <marghanita at ramin.com.au
> >wrote:
>
> > > Retail groups say lowering the threshold will help Australian business
> > to compete with overseas shopping websites on price, and net the
> Government
> > an additional $1 billion in GST revenue each year.
> > >
> > > However, doubts remain about whether the cost of collecting the tax
> will
> > exceed the amount of revenue raised.
> > >
> > > At today's meeting, Treasury officials presented a range of options for
> > lowering the threshold.
> > >
> > > Queensland Treasurer Tim Nicholls says the states will examine the
> > proposals in more detail.
> > >
> > > "It does show in the first year or two that the costs of collection are
> > higher than the revenue generated, but then the trend gets much more
> > positive the longer you go," he said.
> > >
> > > "Online retail sales are growing at 15 per cent per annum. It is a
> > growing and significant distribution channel for sales at the moment in
> > terms of the GST system."
> > >
> > > He says there is no clear agreement among states about a new level for
> > the GST threshold.
> >
> >
> http://www.abc.net.au/news/2013-11-27/treasurers-pushing-for-gst-changes-at-meeting-with-joe-hockey/5119218
> > --
> > Marghanita da Cruz
> > Ramin Communications Pty Ltd
> > http://ramin.com.au/
> > Phone:(+61)0414-869202
> >
> >
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> >
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