Australian Council of Social Service chief Cassandra Goldie told Q&A that Australia is among the lowest-taxing countries in the OECD. Is that accurate?
Budget repair was put off till later, and the net impact of decisions in the budget was small, but it will be easier to defend in the coming election campaign than some other recent efforts.
Obama calls them insidious and others have described inversions as unpatriotic, but what they really do is show just how much of a mess the corporate tax code is.
The budget showed some sense of urgency but still fell short on implementation plans. There should have been more, particularly details on cost-cutting initiatives.
Roman Lanis, University of Technology Sydney and Ross McClure, University of Technology Sydney
BHP Billiton’s Andrew Mackenzie says his firm is Australia’s largest taxpayer, pays an average of $8 - $10 billion of tax in Australia every year and has an effective tax rate of 45%. Is that right?
The tax package recently announced by the Federal Labor party is clearly well intentioned but it misses the point about multinationals paying their fair share.
Some may be surprised to hear the Corporate Tax Association (CTA) is calling for greater transparency around the tax paid by companies. One may ask why major companies would prefer to enhance transparency…
Kevin Davis, Australian Centre for Financial Studies
“Well, Jon, the Government’s about to bring in a 1.5% corporate, or company, tax cut from the 1st of July. That’s something that obviously we support, because (the) corporate tax rate at 30% is not competitive…
Tax is back in the spotlight with coalition MPs and the Australia Institute talking about getting rid of some of the exemptions to the GST. There has also been a lot of talk about whether or not corporate…
Refuting the charge that he opposes “green crap”, George Osborne has become a recycling champion. His Autumn Statement is built on re-announcements of existing projects (including the £15 billion road…