Remember when Key used to say that National wouldn’t introduce new taxes? That National was a party to remove taxes, not create them? That’s not going so well – At least 15 new taxes under National. National’s base have been strangely silent on this.
And there’s yet more to come – ‘Netflix tax’ a sure thing, says specialist
Under current law, intangible goods such as services, media or software purchased from an overseas online retailer don’t fall under the scope of the 15 per cent GST tax.
If the bill goes through, it would see overseas service suppliers, above a threshold of $60,000 revenue per year in New Zealand, having to register for GST here, and charge it to consumers.
So while Key is fighting to make sure our country remains a haven for his rich mates, he’s about to hit you and I with yet another tax. I don’t have a problem with taxes myself, but I do take issue with the hypocrisy.