GST

GST So how does one judge the success or otherwise of a new tax regime?

This is a valid question now that we are three years into GST. Clearly, there are as many ways to answer that question as there are perspectives. A political assessment might, for example, focus on the absence of articles in the press concerning GST, or alternatively their presence depending upon one's political allegiance.
· On that basis GST is a success, at least for the Liberals [OLO:Paul Stacey - 1/7/2003]

The GST has been plain sailing so far - but the compliance storm is looming

July 2003 marks the 3rd anniversary of the introduction of GST - a landmark piece of legislation which dramatically altered the Australian tax landscape. Despite its turbulent political beginnings, the GST has become an accepted part of life for business - and the Tax Office was careful to ease business into the changes wrought by the new tax system.
· Companies could be forgiven for thinking that all is well in the new GST order... [OLO:Kevin O'Rourke - 1/7/2003]