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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 and Services Tax'.(' A New Tax System (Goods and Se ....
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....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 'locked in' and the only possibility of changing the r.... |
| Word count: 1829 |
Page count: 7 |
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