Australian budget: Hockey details ‘Netflix tax’, ‘Google tax’

Australia becomes first OECD country to introduce comprehensive measures against profit-shifting (so popular with tech multinationals) and base-erosion from from GST avoidance. UPDATED

Chris Keall
Wed, 13 May 2015

Australian Treasurer Joe Hockey has confirmed his government will impose taxes on digital imports, and introduce measures to crackdown on profit-shifting by multi-nationals. Both measures were included in his second federal Budget, delivered last night.

The so-called ‘Netflix tax’ will require all

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