The number of super-rich individuals in Africa is growing, but they are not paying their fair share of taxes. African governments are losing out on roughly US$15 billion in taxes annually.
South Africa has sent a strong signal against tax evasion and is planning to introduce a carbon tax. There are also incentives for employers keen on taking inexperienced job seekers.
Over the last six months a public consensus has emerged among academics, think tanks, community organisations, elements of the superannuation industry and most politicians about superannuation.
As HSBC suffers under the scorching spotlight of public scrutiny once more, it is fair to ask why the banking group so often finds itself at the heart of the action.
The Henry Tax Review identified 125 taxes within Australia levied by all levels of government. Of those 125 taxes, just 10 taxes raised 90% of all tax revenue. The company tax is the second largest source…
A row between a Conservative peer and Labour leader Ed Miliband is once again throwing up some inconsistent thinking about tax avoidance. Stanley Fink, the former treasurer of the Conservative party, and…
There has been an international outcry over the leaked HSBC files, which provide evidence that the bank’s Swiss arm helped wealthy clients put millions of dollars worth of assets out of the reach of the…
If we’re looking for ways the global banks can rise to the ethical challenge highlighted by the leaked files from banking giant HSBC, we could do worse than look at one of the few institutions to emerge…
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…
The revelations that global and multinational businesses have been brokering “secret” tax deals with Luxembourg to avoid paying taxes in their home countries, may be the first time an entire country has…
The hollowing out of tax collected for public purposes by rich and poor nations is not confined to technology and mining companies, according to a major leak of secret tax agreements covering more than…
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…
Roman Lanis, University of Technology Sydney and Ross McClure, University of Technology Sydney
Despite Treasurer Joe Hockey’s continued statements that the government is doing “everything we can … to ensure that companies that earn profits in Australia pay tax in Australia”, the federal government…
The Organization for Economic Cooperation and Development has proposed a plan to stop companies from avoiding billions of dollars in taxes. As we know from the scandals surrounding Amazon, Starbucks, Vodafone…
Much has been written about the poor public health and clinical capacity to respond to the Ebola outbreak in West Africa. Inadequate medical and nursing staff resources, inadequate isolation wards, inadequate…