Displaying items by tag: taxes

Cuts in oil production by the OPEC cartel and other big producers, combined with a pick-up in global fuel demand, led to higher petrol prices in Australia’s five largest capital cities in the March 2021 quarter, according to the latest petrol monitoring report from the ACCC.

Founded in 2012, Globalization Partners offers a global expansion platform that makes expanding business and hiring talent from across the planet a fast and easy process, which in the post COVID world of 2021 is more important than ever.

Google's chief economist Dr Hal Varian is of the opinion that his employer should not pay "excessive" tax on its Australian revenue because this money is derived due to its "intellectual capital" which mostly resides in California.

France has asked Microsoft to pay €600 million (US$715 million) in what it claims are back-taxes owed by the American software giant for billing local customers from Ireland.

Microsoft has used regional sales units in Ireland, Singapore and Puerto Rico to build up a cash stash of US$108 billion outside the US, according to court papers that have emerged during a case between the software giant and the US Internal Revenue Service.

The Australian Taxation Office (ATO) wants taxpayers to use its newly launched myDeductions online tool for logging receipts when doing their tax returns.

Australian-owned digital business consulting and technology company, DB Results, has secured a contract to implement a new revenue collection and concession payments platform for the ACT Government.

Treasurer Joe Hockey has given a further signal that Australian will soon be paying GST on goods and services purchased online from overseas.

Online buyers of goods from overseas could be hit with price hikes of 250% if the federal government reduces the low-value threshold of the goods, according to consumer advocacy group Choice.

Apple has shocked iPhone and iPad users on April Fool's Day but this is no joke - the company is raising the prices of its Australian App Store due to "changes in foreign exchange rates."

The much talked about deal between Finnish phone manufacturer Nokia and Microsoft has been delayed, and will now close in April if all goes according to plan.

Politicians never see themselves as part of the problem, only ever as part of the solution, but does their closeness to events make them blind to consequences of their own actions?

Federal Labor MP Ed Husic has asked Apple why its prices are higher in Australia, but he doesn't seem to realise Australian Government policies and the higher cost of doing business in Australia is the extremely obvious answer.