ELECTRONIC COMMERCE – TAXATION – AUSTRALIA

Hockey’s $1b ‘Netflix’ tax

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Original article by Phillip Coorey
The Australian Financial Review – Page: 1 & 5 : 10-Apr-15

Australia’s federal and state Treasurers have struck a deal to extend the application of the GST to items costing less than $A1,000 that are bought online and sourced from offshore. This will include digital versions of books, music and films that are downloaded or streamed from offshore providers. News Corp Australia CEO Julian Clarke recently criticised foreign companies such as Netflix for failing to pay GST, arguing that it gives them an unfair advantage over local rivals in terms of pricing their products

CORPORATES
NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, AUSTRALIA. DEPT OF THE TREASURY, NETFLIX INCORPORATED, GOOGLE INCORPORATED, APPLE INCORPORATED, MICROSOFT CORPORATION, EBAY INCORPORATED, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, GROUP OF TWENTY (G-20), ORGANISATION FOR ECONOMIC CO-OPERATION AND DEVELOPMENT, AUSTRALIAN NATIONAL RETAILERS ASSOCIATION LIMITED

Regulate Uber and Airbnb, urges Labor’s Andrew Leigh

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Original article by Nassim Khadem
The Australian Financial Review – Page: 9 : 27-Jan-15

Australian shadow assistant treasurer Andrew Leigh believes more regulation is needed to make it more difficult for online companies to engage in tax avoidance practices. He said in late January 2015 that income generated by individual taxpayers through companies such as Uber and Airbnb should be reported in tax returns

CORPORATES
UBER TECHNOLOGIES INCORPORATED, AIRBNB INCORPORATED, GOOGLE INCORPORATED, APPLE INCORPORATED, AUSTRALIAN LABOR PARTY, McKELL FOUNDATION INCORPORATED, AUSTRALIAN TAXATION OFFICE, AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIA. DEPT OF FINANCE