The Goods And Services Tax
Beginning of paper
The Policy Objective of
" This is A New Tax System for a new century", as quoted by the Hon P Costello 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 a ....
Middle of paper
.... * Guarantee the consumers the fairness of the GST implementation.
* Increase the Real purchasing power of consumers.('Tax Reform.
Not a new tax. A new tax system', from the Regulation Impact
Statement for the Introduction of a Goods and Services Tax).
The Goods and Services Tax is the 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 Australia's current taxation system is complex, unfair and in need of a quick replacement due to it being out-of-date.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 cu ....
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Word count: 1829
Page count: 7 (approximately 250 words per page)
