Dotting for interest in the reply
also dotting....
Am Australian. Am dotting...
What a pain.
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Extending this tax to cover small value items from overseas is estimated to raise less than it will cost to regulate compliance (not to mention the fact that the ATO has very little scope to actually penalise any overseas supplier who just refuses to remit the GST).
It’s a triumph of politics over policy. :(
Dotting because New Zealand is going to do the same thing, despite the fact that enforcement has always been expected to cost more than it would collect.
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Extending this tax to cover small value items from overseas is estimated to raise less than it will cost to regulate compliance (not to mention the fact that the ATO has very little scope to actually penalise any overseas supplier who just refuses to remit the GST).
It’s a triumph of politics over policy. :(
Both of which jumped Common Sense in a dark alley, beat it unconscious, and went through it's pockets for loose change.
-Skeld
Chief Technical Officer
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Dotting because New Zealand is going to do the same thing, despite the fact that enforcement has always been expected to cost more than it would collect.
We are under NZ's proposed annual sales threshold, so it doesn't look like we would need to do this for them anytime soon.