The Curtin Labor Government in 1942 started the process to take income tax from the states.
National Library of Australia
The states have historically fought to keep their income tax powers so it seems a joke to see a rejection of the Federal Government’s proposal to give these powers back.
Prime Minister Malcolm Turnbull faces an uphill battle convincing all the states to agree to federation reform.
Paul Miller/AAP
There’s a reason the states have generally agreed to levy taxes in a uniform way.
Paul Clintock, chairman of CEDA, says the report is trying to bring a balanced perspective to the budget debate.
CEDA
The Committee for Economic Development of Australia (CEDA) is trying to refocus debate on repairing the budget for the future.
The tax paid by some household names has been revealed.
AAP/NewZulu/Dinendra Haria
The ATO’s data dump of how much tax was paid by largest private companies raising more questions than it answers.
Cash in hand. Start rich to get richer.
Images Money/Flickr
When the excitement over cabinet resignations and the sugar tax subsides, the 2016 Budget acts as a blueprint for making the wealthy wealthier.
A look at spending inequality suggests America is a bit more equal than we thought.
Economic inequality via www.shutterstock.com
A new study on inequality analyzes the impact of fiscal policy, dramatically altering the standard view of rich and poor in America. It may also change how voters and candidates think about the issue.
dolphfyn / Shutterstock.com
Why we shouldn’t be so quick to celebrate reports that Facebook is paying more tax.
Trump certainly thinks his will.
Reuters
There’s nothing as certain as death, taxes and a Republican with a plan to cut them. But how do the candidates’ proposals stack up?
Shedding little light. Google under scrutiny.
William Warby/Flickr
Scutiny of the £130m settlement leaves the Public Accounts Select Committee
struggling to follow the HMRC strategy.
Treasurer Scott Morrison says the changes to foreign investment scrutiny will give the ATO greater powers to crack down on tax avoidance.
AAP/Mick Tsikas
International investors will have to comply with new rules designed to stop tax avoidance by multinational companies.
Most ‘taxes’ in South Africa fall outside of the control and oversight of parliament.
Reuters/Schalk van Zuydam
South Africans spend billions of rands paying for services that should be provided by government, thus making the tax burden considerably higher than what appears in official tax data.
Restricting the tax offsets for investing in start-ups to just those with plenty of money will hurt entrepreneurs.
RicardoCorralT/flickr
The government should be encouraging informal investors to put their money into start-ups, not barring them from tax offsets that encourage them to do so.
vic_burton/Flickr
Not only is council tax on the rise, it’s completely out of touch with reality.
HSBC has decided not to walk.
REUTERS/Cathal McNaughton
The options for a move to Hong Kong were not as attractive as they might have appeared.
You’re wrong m'lawd.
Stefan Rousseau
Lord Lawson thinks companies should partly be taxed on their sales. He’s very wrong.
Headache inducing.
Paul Maguire via shutterstock.com
As millions of people file their tax returns, HMRC is struggling to come across as fair.
But for how long?
Reuters
How tax authorities decide to treat virtual currencies like bitcoin may determine whether they thrive or die.
Pulling apart the European crisis response.
REUTERS/Francois Lenoir
“First, do no harm”. It’s not clear that European countries even got that right as they navigated their way through the aftermath.
US tax law in three pages? Good luck!
Three sheets via www.shutterstock.com
The Republican presidential candidate wants to whittle the tax code down to three pages – from 74,000 in laws and interpretations. Is it possible?
shutterstock.com
Independent traders in Crickhowell are moving their businesses ‘offshore’ to avoid paying tax. Here’s how.