Australia’s “Amazon.com” tax

The Australian Treasurer recently announced that Australian State and Territory treasurers have agreed the GST should apply to cover online transactions where overseas suppliers sell goods under AU$1,000 to Australian consumers. Call it the “Amazon.com tax”? This mirrors the recent proposal to apply GST to supplies of digital products and services from overseas providers to [...]

Australia’s “Netflix” tax

Recently the Australian treasurer Joe Hockey announced that the Australian Government is considering extending the Goods and Services Tax to also cover intangible services such as internet streaming (eg Netflix), music downloads (eg iTunes) and e-books (eg Kobo and Amazon) that are sold into Australia. This could make buying online services 10% more expensive. Generally, [...]