Goods and Services Tax (Australia)

The Goods and Services Tax (GST) of Australia is a value added tax that was introduced by the Howard Government, and went into effect on July 1, 2000, replacing the previous wholesale sales tax system and various minor taxes such as stamp duty and bank account debits tax. All goods and services, except those that are considered essential, are taxed at a rate of 10%.

Related Topics:
Australia - Value added tax - Howard Government - July 1 - 2000 - Sales tax - Bank account

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