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Articles on corporate tax

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The first incarnation of the now-gone mining tax focused on economic rent. Is targeting powerful rent seekers too hard? AAP/Kim Christian

How’s this for fundamental tax reform? Target the rentseekers

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…
Kansas Governor Sam Brownback was re-elected despite a tight fight over his tax cuts and resulting deficit, which were revealed to be worse than expected just days after the election. Reuters

Brownback’s Kansas tax experiment may prove death knell for corporate reform

Republican gains in this month’s election, which handed the GOP united control of Congress for the first time since 2006, have lifted hopes that the government can pass corporate tax reform next year…
A bitter inversion: AbbVie nixed its US$54 billion acquisition of Irish drug maker Shire after the US Treasury eroded the benefits of doing a corporate inversion. Reuters

Need to access cash is driving surge of corporate inversions, not the high US tax rate

Corporate inversions have been front page news in the US for months with everyone from President Barack Obama to the man on the street expressing a view as their usage has surged. Unfortunately, many of…
Who me? Legislators in the US have made it possible for “national heroes” to implement tax avoidance schemes. EPA/Jim Lo Scalzo

Apple iTax: made in Ireland, designed in the US

Apple, famous for its innovative products, is equally creative in its tax structure. From 2009 to 2012, it successfully sheltered US$44 billion from being taxed anywhere in the world, including sales generated…
In the dock - Apple Chief Executive Tim Cook faces questions by a US Senate committee investigating tax avoidance. AAP

Want to solve global tax problems? Stop taxing corporations

As governments across the globe have struggled with growing government debt, the pressures of austerity and stagnant economic systems, ire has been thrown at the corporate fat cats who - according to the…

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