The Goods and Services Tax The Policy Objective of the Goods and Services Tax " This is A New Tax System for a new century", as quoted by the Hon P Costello MP in the second reading speech for ' A New Tax System (Goods and Services Tax ) Bill for 1998. Australia is in need for a change of Taxation systems to ' A Modern, Broad Based, Low Rate, Goods and Services Tax'.(' A New Tax System (Goods and Services Tax ) Bill for 1998 '). By the introduction of the Goods and Services Tax (GST), the Australian Government will abolish ten indirect inefficient taxes such as the Wholesales Sale Tax (WST). These indirect taxes are inefficient and narrowly based. The Goods and Services Tax 'is not a plan for a new tax, but a new tax system' as quoted by the Government treasurer....

Number Of Pages: 7

Number Of Words: 1869

Got a term paper due soon and need some help quick? You have come to the right place. Essay Galaxy has over 50,000 essays, papers, and reports available for download right now! Get ideas from thousands students just like you to help make that essay perfect. Don't hesitate. Join today and get instant access to our enormous database.

Membership Options Price Savings   1 month subscription    $19.95 recurring * 3 months subscription    $39.95 recurring $19.90 6 months subscription    $69.95 non-recurring $49.75