Quote:
Originally Posted by AnotherCat
Last I heard there were less than 100 foreign suppliers who had volunteered (it has been in effect since April Fools Day last year). One wonders if there was some other unrelated part of their operations in South Africa which enabled the SA Government to threaten to kneecap them if they did not "volunteer". Countries that use such coercion are essentially of a despotic nature.
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If those 100 companies include the few big companies that are responsible for the majority of purchases, then that would be enough to make a law change worthwhile. This story quotes "PWC tax partner Eugen Trombitas":
http://www.stuff.co.nz/technology/di...arge-kiwis-gst
Quote:
Although it would be hard to apply sanctions on overseas companies that did not register, the South African experience suggested multinationals would play ball, he said.
"The registration of foreign sellers is easy and works well. About 80 to 100 foreign sellers have registered. All the 'big ones' are in."
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