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They are paying Australia's GST. The tax you are referring to is income tax. They are exporting a product to another country and paying income tax in the countr
by klaudius 5y ago
They are paying Australia's GST. The tax you are referring to is income tax. They are exporting a product to another country and paying income tax in the country where they are producing the product.
Companies have to pay value added tax in the country they are selling their goods and services in, but their income tax is paid in the country where they are based.
- treelovinhippie 5y agoNothing to do with GST. They have a registered Australian company, but they (like most multinationals) do dodgy tax scams to offshore revenues. More details: https://www.michaelwest.com.au/a-netflix-original-dreams-of-theft-downunder/ https://www.michaelwest.com.au/a-netflix-original-dreams-of-...
- treelovinhippie 5y agoAnother scam for you to lookup: Facebook Australia claimed it made 2020 local revenues of $155M. In reality it's local revenues were $747M. They put the rest of it onto overseas books to reduce the local tax requirements. It's the same reason Apple runs a huge chunk of their international revenues through Ireland.