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The Goods And Services Tax

Beginning of paper
The Policy Objective of " 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 (Go ....

Middle of paper
.... the Introduction of a Goods and Services Tax). The Goods and Services Tax is the necessary change that Australia needs for a new tax reform. Australia's current taxation system is complex, unfair and in need of a quick replacement due to it being out-of-date. The current taxation system incurrs both economic and social disadvantages on the country, the community and the businesses. The Government proposes to introduc ....

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Number of words: 1829
Number of pages: 7 (approx. 250 words per double-spaced page)

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