10% “Netflix” Tax, a step closer for NZ?
So Australia has confirmed a 10% tax for what is really called ‘Intangible’ digitally imported goods – downloaded books, music, videos, software, and we assume PC gaming. This of course, is the application of GST in Australia and brings all purchasing into line with retail. As a discussion point in NZ also, you would have to say that this moves the timeline for introduction here in NZ a large step closer.
If you want to know more, here is a good link from the Sydney Morning Herald.
I see including GST in purchases is done by some companies now – good on you Apple, for reflecting real value in the country you are selling in! As a voluntary action, I am impressed at that call. So what do you think – does it make trading fairer? Go to our facebook page, and join the discussion!