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
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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Chris Keall
Wed, 13 May 2015
Wed, 13 May 2015
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Australian budget: Hockey details ‘Netflix tax’, ‘Google tax’
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