Despite the Australian government's edict of the Goods and Services Tax (GST) issues as taboo subjects in the recently held tax summit, business groups are still set to ignore the edict by advocating for the lifting of the GST and changing the mining tax.
Moreover, accountants, Australian accounting software providers and the common Australian citizens stated that the lifting of the GST rate could help make the Australian tax system fairer.
The Goods and Services Tax (GST) is a broad sales value added tax of 10% on most goods and services transactions in Australia.
Posts
