Clayton’s Business Warehousing and Profit Tax

Global Warehouses have evolved with the growth of e-commerce. In Australia and around the world, many warehouses with state of the art facilities have been established that makes it possible for foreign entities to do business in Australia without creating physical presence, i.e. a Clayton’s busines...

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Main Authors: Pearce, Prafula, Pinto, Dale
Format: Conference Paper
Published: 2019
Subjects:
Online Access:https://www.business.unsw.edu.au/about/schools/taxation-business-law/australasian-tax-teachers-association/atta-conference-papers
http://hdl.handle.net/20.500.11937/75051
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author Pearce, Prafula
Pinto, Dale
author_facet Pearce, Prafula
Pinto, Dale
author_sort Pearce, Prafula
building Curtin Institutional Repository
collection Online Access
description Global Warehouses have evolved with the growth of e-commerce. In Australia and around the world, many warehouses with state of the art facilities have been established that makes it possible for foreign entities to do business in Australia without creating physical presence, i.e. a Clayton’s business. This paper explores whether Australia is losing out on collecting the tax revenues from the profits generated by such businesses in Australia. The paper also explores whether the recent changes to the definition of Permanent Establishment in the OECD Model Tax Convention are sufficient to capture the required tax revenues in Australia, or whether a Destination Based Tax would benefit Australia in the long run.
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publishDate 2019
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spelling curtin-20.500.11937-750512019-03-15T01:41:06Z Clayton’s Business Warehousing and Profit Tax Pearce, Prafula Pinto, Dale Electronic Commerce Goods and Services Tax Importation of Low Value Goods Warehousing Global Warehouses have evolved with the growth of e-commerce. In Australia and around the world, many warehouses with state of the art facilities have been established that makes it possible for foreign entities to do business in Australia without creating physical presence, i.e. a Clayton’s business. This paper explores whether Australia is losing out on collecting the tax revenues from the profits generated by such businesses in Australia. The paper also explores whether the recent changes to the definition of Permanent Establishment in the OECD Model Tax Convention are sufficient to capture the required tax revenues in Australia, or whether a Destination Based Tax would benefit Australia in the long run. 2019 Conference Paper http://hdl.handle.net/20.500.11937/75051 https://www.business.unsw.edu.au/about/schools/taxation-business-law/australasian-tax-teachers-association/atta-conference-papers restricted
spellingShingle Electronic Commerce
Goods and Services Tax
Importation of Low Value Goods
Warehousing
Pearce, Prafula
Pinto, Dale
Clayton’s Business Warehousing and Profit Tax
title Clayton’s Business Warehousing and Profit Tax
title_full Clayton’s Business Warehousing and Profit Tax
title_fullStr Clayton’s Business Warehousing and Profit Tax
title_full_unstemmed Clayton’s Business Warehousing and Profit Tax
title_short Clayton’s Business Warehousing and Profit Tax
title_sort clayton’s business warehousing and profit tax
topic Electronic Commerce
Goods and Services Tax
Importation of Low Value Goods
Warehousing
url https://www.business.unsw.edu.au/about/schools/taxation-business-law/australasian-tax-teachers-association/atta-conference-papers
http://hdl.handle.net/20.500.11937/75051