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The Goods And Services Tax
Part 1 of Paper
....ello MP in the second reading speech for ' A New Tax System (Goods and Services Tax ) Bill for 1998. Australia is in need for a change of Taxation systems to ' A Modern, Broad Based, Low Rate, Goods and Services Tax'.(' A New Tax System (Goods and Services Tax ) Bill for 1998 ').
By the introduction of (GST), the Aust.... Part 2 of Paper
....necessary change that Australia needs for a new tax reform. Australia's current taxation system is complex, unfair and in need of a quick replacement due to it being out-of-date. The current taxation system incurrs both economic and social disadvantages on the country, the community and the businesses.
The Government proposes to introduce the Goods and Services Tax with a stable and controlled rate levied at 10 percent.As part of the Commonwealth-State agreement this rate will be 'loc.... |
| Number of words: 1829 - Approximate pages: 7 |
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