Offshore tax move could backfire

 

A move by big retailers to sidestep GST by moving their e-commerce operations offshore risks being caught up in a Tax Office crackdown.

The idea has been floated by Myer and Harvey Norman, two of the retailers spearheading a controversial advertising campaign against the exemption from GST of imported goods worth less than $1000.

The Tax Office has noted international transactions and GST as an area of concern in its most recent compliance program, saying it would work more closely with other government agencies to ensure compliance with the law.

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