Geekzone: technology news, blogs, forums
Guest
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.
View this topic in a long page with up to 500 replies per page Create new topic
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11
264 posts

Ultimate Geek
+1 received by user: 37


  Reply # 2026743 1-Jun-2018 09:45
Send private message

kryptonjohn:

 

I  thought it was illegal to charge GST and not provide a GST receipt?

 

 

Yeah, I'd be curious about the rules on that with overseas companies. The invoices that eBay and Amazon provide certainly don't meet the IRD requirements for claiming back GST.

 

With Amazon they take it as a import duty deposit, and they refund you if you overpaid in your deposit, but it doesn't have a breakdown of GST in that anywhere.


12872 posts

Uber Geek
+1 received by user: 6078

Trusted
Subscriber

  Reply # 2026750 1-Jun-2018 09:53
8 people support this post
Send private message

It could be seen as another example of how tax averse these multinationals are.

 

 





Mike
Retired IT Manager. 
The views stated in my posts are my personal views and not that of any other organisation.

 

 Mac user, Windows curser, Chrome OS desired.

 

The great divide is the lies from both sides.

 

 


7188 posts

Uber Geek
+1 received by user: 3748


  Reply # 2026753 1-Jun-2018 09:55
Send private message

Earbanean:

 

surfisup1000:

 

Free trade is dying under labours tyrannical bureaucracy!

 

 

I think you'll find Labour is not in power in Australia.  They currently have a Coalition (National/Liberals) government.

 

 

I'm guessing that there's been a bit of "Poe's Law" happening here - the explanation mark wasn't a clear enough indication that the comment may have been sarcasm.

 

One law that probably applies to the situation is the law of unintended consequences.

 

Unintended doesn't equal "unknown" or "unforeseen" - plenty of people warned about how difficult collecting local taxes from overseas would be - if not that it would be Amazon basically telling Aus (and presumably NZ in time) where to stick it.

 

 


7188 posts

Uber Geek
+1 received by user: 3748


  Reply # 2026758 1-Jun-2018 10:03
2 people support this post
Send private message

The global tax system needs to be reformed.

 

VAT/GST and sales taxes should probably go - despite the apparent simplicity of the NZ system - it's 3 decades out of date - devised in times when free global consumer-level trade in goods and services wasn't really a thing.


3722 posts

Uber Geek
+1 received by user: 1210


  Reply # 2026765 1-Jun-2018 10:29
One person supports this post
Send private message

Earbanean:

 

surfisup1000:

 

Free trade is dying under labours tyrannical bureaucracy!

 

 

I think you'll find Labour is not in power in Australia.  They currently have a Coalition (National/Liberals) government.

 

 

The Australians use  the spelling 'Labor'.....so, no i am not talking about them. 

 

I was talking about our labour!  Who are creating tax laws that apply to entities outside their jurisdiction!  

 

Generally, bureaucracy extracts value from the economy rather than adding to it.  

 

 


12872 posts

Uber Geek
+1 received by user: 6078

Trusted
Subscriber

  Reply # 2026771 1-Jun-2018 10:41
One person supports this post
Send private message

Fred99:

 

The global tax system needs to be reformed.

 

VAT/GST and sales taxes should probably go - despite the apparent simplicity of the NZ system - it's 3 decades out of date - devised in times when free global consumer-level trade in goods and services wasn't really a thing.

 

 

 

 

International Corporate taxation needs a serious look at but probably wont happen. Example Exxon/Mobil Australia (Esso) in three years had revenue in excess of $AU27 Billion and paid tax of $AU0.00





Mike
Retired IT Manager. 
The views stated in my posts are my personal views and not that of any other organisation.

 

 Mac user, Windows curser, Chrome OS desired.

 

The great divide is the lies from both sides.

 

 


7188 posts

Uber Geek
+1 received by user: 3748


  Reply # 2026795 1-Jun-2018 11:03
Send private message

MikeB4:

 

Fred99:

 

The global tax system needs to be reformed.

 

VAT/GST and sales taxes should probably go - despite the apparent simplicity of the NZ system - it's 3 decades out of date - devised in times when free global consumer-level trade in goods and services wasn't really a thing.

 

 

 

 

International Corporate taxation needs a serious look at but probably wont happen. Example Exxon/Mobil Australia (Esso) in three years had revenue in excess of $AU27 Billion and paid tax of $AU0.00

 

 

Profit shifting is illegal.  Proving it is nearly impossible.  The harder anyone tries, the more "creative" global traders become.  The solutions being offered for example by Trump reducing tax rates in the hope that'll encourage repatriation of profits won't work in the context that the US deficit is accelerating.

 

 


12872 posts

Uber Geek
+1 received by user: 6078

Trusted
Subscriber

  Reply # 2026798 1-Jun-2018 11:10
5 people support this post
Send private message

Amazons clear tax aversion shows that they are not a good corporate citizen, not only are they a major tax avoider they are showing they will not assist in tax collection in the countries they do business. So they are a leach on the markets they operate in and intend to give nothing back.





Mike
Retired IT Manager. 
The views stated in my posts are my personal views and not that of any other organisation.

 

 Mac user, Windows curser, Chrome OS desired.

 

The great divide is the lies from both sides.

 

 


1350 posts

Uber Geek
+1 received by user: 211


  Reply # 2026869 1-Jun-2018 12:23
One person supports this post
Send private message

I don’t think it’s not assisting with tax collection makes them a bad citizen.

That just the way governments are trying to spin it when things go wrong to make it look like they’re not the bad guy.

It must be more complicated collecting tax for an overseas government then your own as you also have the currencies to worry about, international money transfers, doesn’t that cost also, to move money internationally.

Local retailers will have something to celebrate if consumer as less choice where to buy.
What can people do, just vote for change of government each election, knowing the next one will continue it on any way.

7188 posts

Uber Geek
+1 received by user: 3748


  Reply # 2026874 1-Jun-2018 12:51
Send private message

MikeB4:

 

Amazons clear tax aversion shows that they are not a good corporate citizen, not only are they a major tax avoider they are showing they will not assist in tax collection in the countries they do business. So they are a leach on the markets they operate in and intend to give nothing back.

 

 

Why blame them for doing what they can get away with to minimise costs / maximise profits?

 

You're repeating a flawed argument of "anti-globalists" to target individual corporations who behave exactly as they should be expected to behave in the regulatory environment in which they operate.  It might be an attempt to deal with the same problem, but as the past 30 years or so have very clearly shown - that solution does not work.  Not even close.  If anything, it's made it worse.

 

 

 

 


12872 posts

Uber Geek
+1 received by user: 6078

Trusted
Subscriber

  Reply # 2026899 1-Jun-2018 13:36
2 people support this post
Send private message

I consider my self a capitalist but I have zero sympathy for the corporate greed and scum baggery that major corporations are amusing themselves with. Here is some food for thought, a single employee working in at a McDonalds store will pay more in tax in a week than the combined tax paid by a huge chunk of the Corporations trading in NZ. Have a further thought about the houses, transport infrastructure, health services and education that could well do with if these corporations did the right thing. If Amazon gets inconvenienced by collecting some tax for NZ then I say good, if they throw the toys out of the cot then I say bugger off. 





Mike
Retired IT Manager. 
The views stated in my posts are my personal views and not that of any other organisation.

 

 Mac user, Windows curser, Chrome OS desired.

 

The great divide is the lies from both sides.

 

 


26931 posts

Uber Geek
+1 received by user: 6373

Moderator
Trusted
Biddle Corp
Lifetime subscriber

  Reply # 2026910 1-Jun-2018 14:01
Send private message

Hang on here.. Why is there all the Amazon bashing?

 

Amazon already collect tax on purchases to NZ in excess of $400 - but my understand is they have never collected any charges for Australia over their $1000 limit.

 

The problem is the new NZ rules are actually pretty complex and not straight forward like the current rules - particularly in regard to duty. This means some people will actually save money compared to their purchases now.


1201 posts

Uber Geek
+1 received by user: 472


  Reply # 2026912 1-Jun-2018 14:07
Send private message

MikeB4:

 

Amazons clear tax aversion shows that they are not a good corporate citizen, not only are they a major tax avoider they are showing they will not assist in tax collection in the countries they do business. So they are a leach on the markets they operate in and intend to give nothing back.

 

 

Tax avoidance is not a crime and I think you are confusing it with tax evasion. No need to make a moral case out of this one.

 

Same can be said about many corporates. Do you buy from Amazon?


12872 posts

Uber Geek
+1 received by user: 6078

Trusted
Subscriber

  Reply # 2026914 1-Jun-2018 14:09
Send private message

Wiggum:

 

MikeB4:

 

Amazons clear tax aversion shows that they are not a good corporate citizen, not only are they a major tax avoider they are showing they will not assist in tax collection in the countries they do business. So they are a leach on the markets they operate in and intend to give nothing back.

 

 

Tax avoidance is not a crime and I think you are confusing it with tax evasion. No need to make a moral case out of this one.

 

Same can be said about many corporates. Do you buy from Amazon?

 

 

Where in any of my posts did I say "tax evasion"? 





Mike
Retired IT Manager. 
The views stated in my posts are my personal views and not that of any other organisation.

 

 Mac user, Windows curser, Chrome OS desired.

 

The great divide is the lies from both sides.

 

 


13213 posts

Uber Geek
+1 received by user: 2363

Trusted

  Reply # 2026919 1-Jun-2018 14:14
One person supports this post
Send private message

Fred99:

 

The global tax system needs to be reformed.

 

VAT/GST and sales taxes should probably go - despite the apparent simplicity of the NZ system - it's 3 decades out of date - devised in times when free global consumer-level trade in goods and services wasn't really a thing.

 

 

Alternatives?  If we cannot tax goods we tax ourselves? Increase income tax to cover GST?

 

In any case, its very easy for Amazon to collect GST or VAT, they already do it via US sales taxes. They are just playing a power game


1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11
View this topic in a long page with up to 500 replies per page Create new topic

Twitter »

Follow us to receive Twitter updates when new discussions are posted in our forums:



Follow us to receive Twitter updates when news items and blogs are posted in our frontpage:



Follow us to receive Twitter updates when tech item prices are listed in our price comparison site:



Geekzone Live »

Try automatic live updates from Geekzone directly in your browser, without refreshing the page, with Geekzone Live now.



Are you subscribed to our RSS feed? You can download the latest headlines and summaries from our stories directly to your computer or smartphone by using a feed reader.

Alternatively, you can receive a daily email with Geekzone updates.