In a speech to the National Press Club in Canberra, ACTU Secretary Sally McManus said 679 of Australia’s biggest corporations pay “not one cent of tax”. Is that right?
Companies in the developing world, like Adani Group headed by Gautam Adani, have achieved enormous success through strong ties with governments.
Amit Dave/Reuters
Even though the setup of the Indian Adani Group draws scrutiny in developed countries like Australia, it’s common and makes sense in the context of emerging markets like India.
Thin capitalisation didn’t make it into budget measures to crack down on tax avoidance.
AAP/Mick Tsikas
The Law Council of Australia has claimed Australia’s proposed Google tax should not be implemented - but a backflip by Amazon in the UK shows it can work.
Pressure is growing on Apple to pay more tax in Australia.
Justin Lane/EPA/AAP
Roman Lanis, University of Technology Sydney and Ross McClure, University of Technology Sydney
It’s no secret that companies including Apple, Google, Amazon, Uber, Airbnb and Ikea seem to pay less than their fair share of tax in Australia. Despite booking huge revenues from sales to Australian customers…
Talk of a tax crackdown has Joe Hockey smiling.
Lukas Coch/AAP
Joe Hockey has hinted he may introduce a “Google tax” as a new weapon to tackle profit shifting by multinational enterprises. The Treasurer’s suggestion is not only political as a counter to aggressive…
OECD Centre for Tax Policy and Administration Director Pascal Saint-Amans has been leading the charge against tax avoidance.
Dominika Lis/G20 Australia
The G20 Communique is good news on the international tax reform front. As part of the G20 commitment to boost economic resilience the Communique commits G20 nations to taking action to ensure fairness…
Pressure is building ahead of the Brisbane G20 Leaders’ Summit for action on tax avoidance by multinationals.
Andrew Sutherland/Flickr
Tax avoidance by multinational enterprises is not new. But the current level of political will and public outcry on the issue is uncommon in the history of taxation. The upcoming G20 meeting in Brisbane…
Leaked documents reveal how multinational companies use PwC in Luxembourg to shift profits and avoid tax.
Nicolas Bouvy/AAP
Hundreds of advance tax agreements between Luxembourg and more than 300 taxpayers were leaked and published by the International Consortium of Investigative Journalists last week. The taxpayers involved…
The Finance Ministers meeting in Cairns is a chance for Treasurer Joe Hockey to show leadership on OECD-recommended tax reform.
Dan Himbrechts/AAP
The G20 Finance Ministers have the opportunity this weekend to endorse the initial recommendations of the OECD on how to address the global problem of multinational tax avoidance. The work of the OECD…
Google books much of its Australian profit to offshore operations.
Tawel/Flickr
Public outcries over tax avoidance by multinational enterprises like Apple and Google have pushed politicians to act. The unprecedented international political will to combat base erosion profit shifting…
Profit shifting by multinationals will be a key focus of the G20 under Australia’s presidency this year.
AAP
Australia has officially commenced its presidency of the G20 and preparations are underway for the November 2014 Summit, when the leaders of the world’s biggest economies will meet in Brisbane. The G20…