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Thursday, 31 May 1973
Page: 3038


Mr Garland asked the Treasurer upon notice:

(1)   How many taxpayers are there who have reduced the taxable sale value of goods taxable at the highest rate of sales tax by the device of separating components of the total charge borne by the retailer and having some components of that charge invoiced by one entity and other components of the charge invoiced by a separate entity.

(2)   What is the estimated annual loss to revenue from the use of this procedure.

(3)   Has he carried out an examination into this matter to ensure that the taxable sale value shall not be reduced in this way by some taxpayers at the expense of taxpayers generally.


Mr Crean - The answer to the honourable member's question is as follows:

The Honourable Member's question is in similar terms to one I asked of the former Treasurer on 22 August 1972. I refer the Honourable Member to the information provided by the then Treasurer in reply to this question (Hansard p. 3484 of 26 October 1972).

An examination of the matter is being made.







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