'Netflix' tax sees 80 offshore service suppliers register to pay GST

Thu, 17 Nov 2016

By Jonathan Underhill Nov. 17 (BusinessDesk) - More than 80 offshore suppliers of remote services have registered for goods and services tax since the government widened its net to apply GST to cross-border services such as streaming video, e-books, music, and software on Oct. 1, says Revenue Minister Michael Woodhouse. The so-called Netflix tax was passed into law in May and captures payments for services such as iTunes downloads and Steam video games. Woodhouse told the Chartered Accountants Australia and New Zealand annual conference t...

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