Super Plus enjoy! Australia will no longer impose sanitary napkin goods and services tax
"Chinatown"-Official media of Chinese Australians
According to Sky News, the exemption of GST on sanitary napkins and other feminine hygiene products will reduce fiscal revenue by 4.8 million Australian dollars in the next ten years.
According to the independent costs required by the Labor Party of the Congressional Budget Office, if the product tax is exempted in 2017 or 2018, fiscal revenue will be reduced by 7500 million Australian dollars in the first two years and 5000 million Australian dollars per year for the next ten years.
It is reported that the Labor Party said that all states should agree to exempt sanitary napkins from levying commodity service fees, and the resulting financial losses should be made up by collecting digital download GST. It expects to increase fiscal revenue by A$2017 million between 2019 and 3.5.
News compiled from "Sky News"
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