Friday, December 19, 2014   

Accountants revive sales tax debate
(01-21 15:24)

A group of accountants has urged the government to revisit the idea of bringing in a goods and services tax, so the treasury may rely less on revenue generated from the property market.
The government shelved plans for a sales tax in 2006 amid strong public opposition.
But Loretta Shuen from CPA Australia, says a narrow tax base, coupled with an aging population, have increased the urgency for an overhaul of the tax system. --RTHK
   
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