On January 22, 2015 I wrote what I had hoped would be my last article on the LVIT (Low value import threshold). On January 19, 2015 Dr Mikayla Novak, senior research fellow at the Institute of Public Affairs, said the government should rule out this anti-consumer and protectionist proposal. “The tax would also be so hard to collect that the costs of extending of GST would exceed the revenues collected. The Productivity Commission found that reducing the GST low value threshold down to $100
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