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I would like to know how they can inforce that on foreign retailers. The retailers overseas are not going to collect and remit GST to the ATO. As someone who has run a business here and had to submit GST quarterly, I know the present system cannot be used to collect from them. They might have to put it on the banks and credit card companies and they will charge a fee for that. As many have pointed out previously, the cost to administer it will be more than collected.
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