
	Where results make sense

Topic: Goods and Services Tax

Related Topics

Goods and Services Tax (Australia)

Goodnight Kiwi

Telstra

John Hewson

Michael Jeffery

Lindsay Tanner

Paul Keating

John Howard

Pierre Paul Riquet

Alexander Downer

Peter Costello

Peter Hollingworth

Richard Court

Bob Hawke

Politics of Australia

	Roadmap to goods and services tax
		Although on paper full tax credit is supposed to be given for the prior taxes paid on both goods and services, in terms of actual operation, much remains to be done.
		A necessary reform is the extension of the scope of service taxation to all services and its merger with CENVAT.
		Once the service tax is made general, it may be merged with CENVAT to have a common exemption limit and tax rate.
	www.rediff.com /money/2006/jan/03tax1.htm (1076 words)

	FOXNews.com - Hong Kong Pushes Tax on Goods, Services - International News \| News of the World \| Middle East News \| ...
		Critics say the tax will scare away tourists and hurt the working poor, while officials say the levy is essential for the economy.
		The tax system needs tweaking because it relies on a narrow revenue base that's extremely volatile, says Frederick Ma, the secretary for financial services and the treasury.
		Tax refunds are also being planned for tourists _ vital to the Hong Kong economy.
	www.foxnews.com /wires/2006Aug13/0,4670,HongKongTaxTiff,00.html (865 words)

	Goods and services tax (GST)
		Goods and services tax (GST) is a broad-based consumption tax charged at the rate of 10% on the sale of most goods and services and other things in Australia.
		GST is charged at each step in the supply chain, with registered businesses including GST in the price of goods and services they sell.
		GST may be included in the price of purchases (including importations) you make for your business, and it’s a good idea to allow for it when setting your prices, as you will be liable for GST even if you forget to include it in the price.
	www.ato.gov.au /individuals/content.asp?doc=/content/66994.htm&pc=001/002/036/001&mnu=&mfp=&st=&cy=1 (669 words)

	Goods and Services Tax (Canada) - Wikipedia, the free encyclopedia
		The Canadian Goods and Services Tax (GST) (French: Taxe sur les produits et services, TPS) is a multi-level value-added tax introduced in Canada on January 1, 1991, by Prime Minister Brian Mulroney and finance minister Michael Wilson.
		The tax is a 6% charge (previously 7% before July 1, 2006) on the sale of all goods and services, except certain essentials such as groceries, residential rent, and medical services, and services such as financial services.
		The GST once again became an issue, as the Conservative Party of Canada reduced the tax by 1% (to 6%) on July 1, 2006 as part of an election promise, and had also promised to reduce it by another 1% at an unspecified point before the end of its full mandate.
	en.wikipedia.org /wiki/Goods_and_Services_Tax_(Canada) (1591 words)

	Goods and Services Tax (GST) (Site not responding. Last check: 2007-09-08)
		GST is a transaction driven tax and applies when an entity engages in the provision of a taxable supply.
		Input taxed (this means that no GST is payable on the supply and the University is not entitled to an input tax credit for creditable acquisitions obtained to make that supply).
		It is expected that where QUT is supplying goods or services to Australian resident organisations with GST registration, it shall always be possible to facilitate the collection of GST by QUT, in addition to the agreed fee for service or contract price.
	www.mopp.qut.edu.au /G/G_07_01.html (1400 words)

	Tax rebates for tourists
		GST is a seven-per cent federal sales tax that is charged on a wide variety of products and services.
		In some provinces where the GST is lumped together with the provincial sales tax and referred to as the Harmonized Sales Tax, or HST, including New Brunswick, Nova Scotia and Newfoundland and Labrador, visitors may receive a rebate for both taxes to the tune of as much 15 per cent.
		You can also claim taxes paid for short-term accommodations for fewer than 30 days, be it a hotel room or a camping spot, provided you paid for less than one month of continuous occupancy and you have a receipt that shows the number of nights for which you paid.
	www.bankrate.com /goocan/itax/news/20060426a1can.asp (718 words)

	Goods and Services Tax (GST) (Site not responding. Last check: 2007-09-08)
		This tax is collected at each stage of production or sale but has no economic effect on the supplier as the GST is added to the sale value and then returned to the tax office via the BAS.
		GST is commonly stated as 10% of the value of the supply but it is often necessary to determine the amount of GST from the GST inclusive price.
		The economic cost of GST is borne by the final consumer but the actual tax is paid to the ATO by the supplier, therefore the supplier is the one that is liable for GST.
	www.rurallaw.org.au /handbook/xml/ch06s32.php (276 words)

	Goods and Services Tax rebates for visitors to Canada
		The GST, at 7%, is charged on goods and services throughout Canada except in the provinces of Nova Scotia, New Brunswick and Newfoundland.
		In the province of Quebec, GST is referred to as the taxe sur les produits et services (TPS).
		Goods which are purchased in Canada but left in Canada are not eligible for a refund.
	www.bridgedutyfree.com /ustaxrebates.html (505 words)

	UVic Accounting Services - Goods and Services Tax (Site not responding. Last check: 2007-09-08)
		The federal Goods and Services Tax (GST) is a consumption tax levied on most of the non-salary and benefit expenditures of the University.
		Exports of goods or services including any contract research, but note that in these cases we obtain full 100% input tax credit rather than 67% rebates on GST paid on related purchases of input goods and services.
		This service is available on request and ensures departments that the invoice documentation will comply with GST requirements as well as reduce their time in processing invoices and monitoring their collection efforts since Accounting Services will provide them with monthly lists of outstanding accounts.
	www.finance.uvic.ca /gst.shtml (2716 words)

	The Goods and Services Tax: The Government's Administration Costs (BP-377E)
		For the 1992-93 fiscal year, the administration costs of the GST could have been expected to be much lower, since the GST had by that time reached its "cruising speed." However, this was not the case, as is shown in Table 1.
		Since other countries have also introduced taxes similar to the GST, it would be tempting to compare their administration costs and revenues with ours, and to come to conclusions about the effectiveness of the respective administrations, based on those figures.
		Before introducing a new tax or changing the present one, the government should evaluate the effect of each component or change (such as unrestricted registration, the registration threshold and indexing of it, single or multiple rates, and a broader tax base) on total costs.
	dsp-psd.communication.gc.ca /Collection-R/LoPBdP/BP/bp377-e.htm (2885 words)

	In Australia - Goods & Services Tax Information
		The GST legislation requires 3M and all enterprises that register for GST purposes to include some new and quite specific references on their invoices.
		All sales of goods and services by 3M Australia and 3M Pharmaceuticals will be subject to 10% GST and this will be shown on invoices.
		Under the new GST legislation, rebates (or "adjusting events" as they are called) fall into two distinct categories, with different supporting documentation requirements for the two categories to allow both the supplier and the customer to maximise their GST impact.
	www.3m.com /intl/au/about3m/gst.jhtml (2386 words)

	Goods and Services Tax (Australia) - Wikipedia, the free encyclopedia
		The GST (Goods and Services Tax) is a value added tax of 10% on most goods and services sold in Australia.
		Labor attempted to reprise the effects of the birthday cake interview by deriding the application of GST to cooked and uncooked chickens, but failed to ignite public passion because the true extent of the proposed rollbacks were revealed to be relatively modest; applying only to gas and electricity bills.
		Many critics have argued that the GST is similar to a regressive tax, which has a more pronounced effect on lower income earners, meaning that the tax consumes a higher proportion of their income, compared to those earning large incomes.
	en.wikipedia.org /wiki/Goods_and_Services_Tax_(Australia) (1304 words)

	Services - Goods & services tax (GST) - www.govt.nz
		To determine what Customs charges (including Customs duties and Goods and Services Tax) if any are payable: - the goods must be classified in accordance with the Tariff of New Zealand; - the origin of the goods must be established; - the Customs value of the goods, insurance and freight costs must be determined.
		A goods and services tax (GST) adjustments calculation sheet is available to help you prepare your GST return.
		Goods and Services Tax (GST) is a 12.5% tax on the consumption of most goods and services in New Zealand.
	www.govt.nz /services?treeid=380 (625 words)

	A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 (Site not responding. Last check: 2007-09-08)
		Tax periods determined by the Commissioner to take account of changes in tax periods 27.35.
		Input tax credits for acquiring second-hand goods the supply of which is not fully taxable 66.65.
		GST on premiums etc. under statutory compensation schemes is exclusive of stamp duty 78.100.
	www.austlii.edu.au /au/legis/cth/consol_act/antsasta1999402 (5238 words)

	Killing the goods and services tax
		I wish to stress that it is not a good idea to allow the states to collect and appropriate the service tax.
		A service tax collected in Maharashtra will not be allowed to be adjusted as input credit against the sale of goods in West Bengal though the company may be one and the same.
		Thus, both from the practical and economic point of view, a more appropriate policy for service tax will be for the Union to levy, collect and thereafter dispense the revenue to the states rather than allowing the States to collect and appropriate the service tax.
	www.rediff.com /money/2007/jan/13tax.htm (1007 words)

	Goods and services tax (GST)
		Goods and services tax (GST) is a tax on the supply of most goods and services in New Zealand.
		Supplies is the general term for goods and services you provide or sell in your business, and you'll charge and account for GST at the rate of 12.5% on these.
		Your GST registration may be cancelled if you cease all taxable activities, or you can satisfy us that your turnover for the next 12 months will be less than $40,000.
	www.ird.govt.nz /gst (588 words)

	VAT Registration Online Value Added Tax Registration service provider in UK, Vat application register online. what is ...
		This tax is also known as "goods and services tax" or GST in some countries, including Australia, Canada, Singapore, New Zealand etc. An indirect tax is, when tax is collected from someone other than the person who actually bears the cost of the tax.
		Thus, the total tax imposed at each stage in the economic chain of supply is a constant fraction of the value added by a business to its goods and businesses has to borne the cost of collecting the tax rather by the state.
		VAT is a tax on the final consumption of certain goods and services.
	www.formationshouse.com /vat_registration.htm (1409 words)

	Business - Payments and Procurement - Goods and Services Tax (GST)
		The GST is a 10 per cent tax on most goods and services supplied from 1 July 2000.
		It is a value added consumption tax in that private consumers ultimately pay the tax and the tax is only paid once on any qualifying supply (be it a good or a service).
		The Department of the Environment and Heritage is registered for the GST and, as such, participates in the Goods and Services Tax (GST) system.
	www.deh.gov.au /business/gst.html (612 words)

	Goods and services tax (GST) developments
		The liquidator also accepted that this view has in fact been rejected by academic commentators who state that the better view is that the liquidator does not have a personal liability for GST payable on taxable supplies made during their appointment because the liquidator is properly treated as an agent of the company in liquidation.
		The Court was therefore prepared to give directions for the preservation of a fund in relation to the liquidator’s potential GST liability on the condition that he promptly institute and expeditiously pursue proceedings for the determination of this question.
		For GST purposes, the Trustee fees are reduced credit acquisitions and the Fund will be entitled to claim a 75 per cent input tax credit on these fees.
	www.pwc.com /extweb/manissue.nsf/docid/E293E1319A2F5D44CA25722D001A9A4C (974 words)

	Goods and Services Tax (GST)
		The Goods and Services Tax (GST) was scheduled to replace Malaysia's existing sales tax and service tax with effect from 1 January 2007.
		Countries that have successfully implemented GST found that a lead time of about 18 months from the day the bill is made public would be optimal for the largest businesses to prepare for the implementation of the tax.
		Given the lead time and challenges of GST implementation, it is vital for Malaysian companies to begin the process of GST implementation as early as possible by reviewing its present circumstances and consider the processes and procedures that will be needed to address the new challenges and explore the opportunities that GST brings.
	www.pwc.com /Extweb/manissue.nsf/docid/F1E5474FA6F17750CA2570F100285C9C (483 words)

	Tax (Site not responding. Last check: 2007-09-08)
		It is proposed that the income tax rate for businesses and corporate entities in the Island will be reduced to 0% (10% for those businesses regulated by the Jersey Financial Services Commission), with effect from 2009.
		As part of measures to increase tax revenues, the States of Jersey plan to introduce GST on certain goods and services supplied in the Island.
		It is proposed that the income tax rate for businesses and corporate entities in the Island will be reduced to 0% (10% for those businesses regulated by the Guernsey Financial Services Commission), with effect from 2008.
	www.ey.com /GLOBAL/content.nsf/Channel_Islands/Services_Tax (259 words)

	Business - Payments and Procurement - Goods and Services Tax (GST)
		The GST is a 10 per cent tax on most goods and services supplied from 1 July 2000.
		It is a value added consumption tax in that private consumers ultimately pay the tax and the tax is only paid once on any qualifying supply (be it a good or a service).
		The Department of the Environment and Water Resources is registered for the GST and, as such, participates in the Goods and Services Tax (GST) system.
	www.environment.gov.au /business/gst.html (616 words)

	Taxation Goods and Services Tax (GST) / Taxation / University Services / The University of Newcastle, Australia
		The GST taxes goods and services imported into or supplied in Australia (with limited exceptions).
		Continuing education courses are therefore not GST free nor are subjects that are done only to the gain entrance to an award course.
		With the exception of "Input Taxed" supply the University will be able to claim back from the Tax Commissioner all GST paid on goods and services (supplies) used in the furtherance of the enterprise.
	www.newcastle.edu.au /services/taxation/gst.html (721 words)

	GST and selling goods into Australia ? goods and services tax
		Goods and services tax (GST) is a broad-based tax of 10% on most goods, services and other items sold or consumed in Australia.
		GST is payable on most goods imported into Australia as a taxable importation.
		Goods can also be subject to GST as a taxable supply connected with Australia.
	www.ato.gov.au /large/content.asp?doc=/content/67212.htm (598 words)

	Kevin Munro & Associates: Goods and Services Tax
		The introduction of the Goods and Services Tax ("GST") in the year 2000 added another layer of tax and complexity to business transactions.
		For businesses to survive in a GST environment it is important to ensure that businesses maintain their cash flow by ensuring that their pricing adequately covers their GST liability and by claiming the maximum amount of input tax credits available as soon as possible.
		A working knowledge of the various GST concessions and exemptions available is also needed so as to ensure that a business remains price competitive.
	www.taxlegal.com.au /ourservices_gst.htm (386 words)

	Goods and services tax (Laws, regulations and rules) \| Business solutions from AllBusiness.com
		A sales tax is an excise tax on goods or services purchased by a consumer from a retailer that has a physical presence in the...
		Tax reforms happen, inevitably and not by accident.
		Once the tax provisions in the "Contract with America" have been addressed, Congress and the tax policy...
	www.allbusiness.com /goods-services-tax/3141990-1.html (945 words)

	LancasterOnline.com: Hong Kong Pushes Tax on Goods, Services
		Proposing the levy is a bold move because Hong Kongers absolutely hate taxes — it's one of the main reasons why many of them live here.
		Profit taxes varied from 38 billion Hong Kong dollars to 71 billion Hong Kong dollars — an 87 percent difference, he said.
		Tax refunds are also being planned for tourists — vital to the Hong Kong economy.
	ap.lancasteronline.com /4/hong_kong_tax_tiff (876 words)

	Other Services
		Once you form your corporation or LLC, we are still here to assist with additional services that may be mandatory in many states, or filings that you may need to protect and grow your business.
		It is also referred to as a Federal Tax Identification number.
		MyCorporation is a Document Filing Service and CANNOT provide you with legal or financial advice.
	www.mycorporation.com /otherservices (311 words)

Try your search on: Qwika (all wikis)