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Australian Treasurers Agree to Expand the Scope of GST to Cover All Online Sales from Foreign Suppliers

|Proposed Changes|Australia
Australia

During a meeting of Australian state and territory treasurers on 21 August 2015, it was agreed that from 1 July 2017, the scope of goods and services tax (GST) would be expanded to include all online sales to Australian residents by foreign suppliers, and that the AUD 1,000 low-value exemption threshold will no longer apply. In addition, all foreign suppliers with annual sales to Australia exce…

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