New research shows that companies are shifting record amounts of their profits to tax havens, despite a global effort to crack down on the practice.
Incentives, like shareholder credits for corporate taxes paid, mean that shareholders want their corporations to pay taxes.
Lowering the tax rates on profits from patents registered in Australia is unlikely to increase local research and development. But it will be a gift for multinationals.
The corporate tax was created on the principle that people and companies should be taxed based on what they receive in benefits – and US corporations have received an awful lot.
Tax rates may be the same for big and small companies, but five charts show how things work out differently in practice.
Minister for Finance Mathias Cormann said corporate tax cuts in the US had led to ‘stronger investment, stronger growth, a lower unemployment rate and higher wages’. Let’s take a closer look.
A social media post shared by GetUp! Australia suggested US real wages had dropped significantly following the enactment of Trump’s corporate tax cuts in January. We asked the experts to check it out.
In addition to the jobs claim, Liberal MP Sarah Henderson said 65,000 new businesses had started in the last year, compared to the closure of 61,000 businesses in Labor’s last year. Is that right?
Mandatory tax return disclosures for large companies were designed to increase public awareness of tax avoidance - but a new study reveals they may not work.
Unlike other age groups, 16- to 24-year-olds haven’t recovered the job losses they suffered during the Great Recession. Spurring investment and growth are key to getting them back to work.
The Republican tax plan would ultimately make the current system less progressive while reducing the overall burden, two things research shows make countries less happy.
President Trump released details of his tax plan, which would essentially benefit the wealthiest Americans by repealing the estate tax and other changes at the expense of the middle class.
The administration wants to cut the tax rate on so-called pass-through entities, which is likely to lead to creative tax planning and outright evasion, damaging faith in the system.
The Netherlands, Switzerland, the United Kingdom, Singapore and Ireland are among the rich countries that funnel major corporate money into secret offshore tax shelters, according to a new study.
How much can a multinational take before its social licence to operate in this country expires? How much corporate welfare is too much?
The Trump tax cut will create new investment in America, but at the expense of countries like Australia
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?
The GOP has a proposal on the table that could send shockwaves through the tax avoidance industry.
A zero rate for business could actually be a progressive move and would reflect the anti-bureaucratic spirit of Brexit.
There has been a great deal of research, planning and talking to come up with solutions to South Africa’s higher education funding crisis. Some of these plans must now be put into action.