Iain Blakeley

Barrister - Tax Expert - Business Adviser - Director, Professional, Practical, Fast, Affordable

OECD

Australia jumps ahead of NZ in taxing digital commerce

The Australian Government has released draft legislation proposing to apply GST to downloads and streaming of digital content and other services supplied from offshore to Australian consumers. This will affect media such as games, movies, e-books and music downloaded...

Overseas companies avoiding GST?

Simon Moutter, Spark's MD, says overseas companies like Netflix are avoiding GST. http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11422160 He has a point, and it's not news really. But the debate grows as more New Zealand businesses feel the...

Govt raises stakes for online shoppers

The NZ Prime Minister says his government will go it alone if the OECD doesn't move quickly enough to impose GST or VAT on online sales. http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11418586 The fact the Prime Minister is raising this now is...

Governments using lotteries to collect tax

Tax collectors in the EU are looking more closely at the use of lotteries to tackle VAT evasion. This paper, just published, discusses how existing lottery schemes work and reveals there could be upside for governments. It concludes more empirical evidence is needed...

NZ GST legislation inadequate

The NZ GST Act inadequately deals with online supplies of services and should be fixed immediately.I'm referring to how the Act treats those selling products online such as e-books, movies, professional advice, teaching materials, photographs and lots of...

VAT and online sales

This is a very good item on the wider business implications of proposed changes in Europe to the VAT treatment of online digital media sales. http://performance.ey.com/2014/02/20/vat-change-online-sales-just-tax-concern/ Cheers Iain

Global VAT alignment edges closer

At the Global Forum on VAT in Tokyo last week 86 countries signed up to the first agreed framework for applying VAT to internationally traded services and intangibles. The new guidelines set out core VAT principles to be applied when taxing services and intangibles,...