Myer Renews GST Demand


	McClintock told shareholders Australian retailers are having to face “several major inconsistencies which harm trade. The first, which I have raised repeatedly, is the continuing unfair exemption for overseas companies on the goods and services tax on delivery of items of what is misleadingly called ‘lower value’.” McClintock said Myer collected more than $300 million in GST from its customers in the last financial year. “Offshore retailers selling into Australia pay none of this and it is important that this loophole is closed,” he said.