Greens propose $100 GST-free threshold for online shopping
Greens Leader Bob Brown today proposed a GST-free threshold of $100 for online shopping to remove the exemption which gives overseas retailers an unfair advantage over Australian shops.
"We need to protect a revenue stream that would otherwise continue to elude the government," Senator Brown said in Hobart today.
"The tax-free threshold of $1,000 was established before the growth of overseas online shopping, and needs to be reviewed."
"The current threshold robs the government of revenue that could be used for schools and hospitals and creates jobs overseas at the expense of jobs here," he said.
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