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Last year’s merger between Glencore and Xstrata has seen almost no tax paid in Australia in the last three years. Gaetan Bally/AAP

Hockey to tighten tax laws for multinationals but loopholes still exist

Treasurer Joe Hockey has said that he will improve the structural integrity of Australia’s tax system to address international tax avoidance by multinational enterprises. In particular, the tax law will…
Treasurer Joe Hockey will not go ahead with a cap on self-education expenses. AAP

Coalition reprieve on self-education tax break

The Abbott government has abandoned Labor’s plan for a A$2000 cap on the amount people can claim for self-education expenses. As part of its review of 92 tax and superannuation announcements that have…

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