The government plans to introduce GST to overseas entertainment companies including Netflix and Apple, according to media reports.
It follows Netflix launching with an $8.99 monthly subscription, below its Australian-based competition including Stan and Presto.
“The states agreed in principle that we should move in that regard,” Treasurer Joe Hockey said yesterday, following a meeting with state treasurers.
“I have offered to work as quickly as possible with them to introduce legislation to address that.”
Source: The Australian