BUDGET 2017: Government removing GST on Bitcoin
Digital currencies such as Bitcoin will no longer be subject to the GST, the federal government announced during last night’s budget.
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News about GST
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Budget 2015: Tax cheats to pay back double what they owe
The government’s proposed tax avoidance law will target multinational firms with global revenues of $1 billion or more, according to budget documents.
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ATO’s Bitcoin 'double tax' could drive business offshore
Bitcoin advocates have spoken out against a ruling by Australian Tax Office that may force businesses to pay double the amount of GST for sales of products and services using Australian Bitcoin exchanges.
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Kogan slams big retailers
The founder of Kogan Technologies, Ruslan Kogan, has slammed the current campaign for the application of GST on overseas online sales, saying Australian retailers need a “reality check”.
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Federal Government rules out changes to GST on overseas online purchases
The Federal Government has ruled out applying the Goods and Services Tax (GST) to overseas online purchases of under $1000 in the short term despite pressure from Australian retailers to do so.