Amongst everything passed by the Senate last night was world leading corporate tax transparency laws
All big multinationals operating in Australia now must publish country-by-country data on the scale of activities, inc profits & tax, in high risk countries
https://taxjustice.net/press/tax-justice-network-hails-world-leading-australian-legislation-on-corporate-tax-transparency/
#auspol
All big multinationals operating in Australia now must publish country-by-country data on the scale of activities, inc profits & tax, in high risk countries
https://taxjustice.net/press/tax-justice-network-hails-world-leading-australian-legislation-on-corporate-tax-transparency/
#auspol
Comments
Shouldn't profit off shoring be tracked regardless of official (corruptible) dodginess?
Government should encourage rapid compliance by barring noncompliant corps from govt tenders.