At last count, over 140 countries have adopted goods and services tax (GST) systems. The establishment of so many GST regimes has been described as probably the most important tax development in the latter twentieth century. It is important that officials and politicians of all countries...

The sale of used residential premises is treated as an input‑taxed supply in Australia, under the A New Tax System (Goods and Services) Act 1999 (Cth) (GST Act). This means that no goods and services tax (GST) is charged on the sale of used residential premises, and the purchaser is not...