Muvi Blogs

Beyond The Buzz- Latest Insights From Muvi

Adding GST to movie downloads could raise billions: Treasurer Joe Hockey

406317-1abdde8e-ace7-11e3-bbbe-18ebc4e71679

Billions of dollars in additional revenue could be collected by applying GST to downloads of music and movies from international video on demand services such as Netflix, Treasurer Joe Hockey says.

The move would see popular overseas media streaming services, such as Netflix — which officially launched in the Australian market late last month — charged GST on their downloads.

State and territory treasurers agreed to work towards the change during the Council on Federal Financial Relations meeting in Canberra today.

Read the entire story here.

Tags

Latest Tweets

Join Us On Facebook

Subscribe to our Newsletter


We use cookies for best experience on website. By using our site you agree to

Cookies Policy