Wednesday, September 28, 2016

Oz-Food Craving Chinese Leave Huge Tax Hole

28 September 2016

Australia might be missing out on up to A$1 billion ($763.30 million) in uncollected taxes annually from Chinese agents who ship food back home to meet insatiable demand from a booming middle class. While the transactions almost exclusively occur offshore in daigou bank accounts, it made difficulties to track by local tax authorities.

Source:
http://www.khmertimeskh.com/news/30240/oz-food-craving-chinese-leave-huge-tax-hole/

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