• [New Zealand] Sales tax is now on overseas purchases

    From Your Name@21:1/5 to All on Sun Oct 2 14:58:56 2016
    XPost: rec.arts.tv

    According to an item in yesterday's newspaper, from 1 October 2016
    purchases from overseas companies such as Netflix and Amazon will now
    have to incur the usual 15% GST (Government Stupidity... err, Sales
    Tax).

    The excuse is to "level the playing field for local companies" ... but
    that's complete nonsense since it will /still/ often be much cheaper to
    buy books, etc. from overseas and ship them, than it is to buy from the
    greedy over-priced local retailers.

    The reality is that the move, along with chasing big overseas companies
    for "avoided" income tax, is simply to get more money into Government
    pockets so it can be wasted on idiotic pet projects, white elephant
    ideas, and parliament minister perks. :-(


    On a side-note, the fools in the media often use Apple (via their
    online store and iTunes store) as an example of an overseas company
    that doesn't pay GST. The fact is that Apple's online stores have
    already had GST on their prices for years and presumably already pay
    that to the New Zealand Government.

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