You pay (twice) to belong

Article Abstract:

The proposed Australian general sales tax (GST), scheduled to go into effect in July 2000, would impose taxes on union membership, contracts such as automobile leases, and employee benefits. Much of the public has little notion of the economic and social ramifications of the wide reach of the GST. The GST could have an impact on any automobile lease that runs beyond July 2000. Corporate accountants, who review company contracts, as well as individual taxpayers will be greatly affected by the GST.

Australia, Taxation, Contracts, Sales tax, Employee benefits, Labor unions

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Scary monsters

Article Abstract:

The introduction of a goods and services tax, GST, in Australia has caused widespread anxiety amongst the Australian people. Issues concerning the background to the tax reforms, their implementation and the political fallout are presented.

Political aspects, Value-added tax

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Cheat seekers

Article Abstract:

The Australian Taxation Office is clamping down on mass-marketed tax avoidance schemes. However, it is unclear whether the clampdown will also apply to the high-end tax minimisation schemes offered by merchant banks.

Laws, regulations and rules, Tax planning, Tax evasion, Australia. Australian Taxation Office

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