<
https://theconversation.com/why-is-australia-helping-to-block-a-move-to-tax-multinational-corporations-properly-219305>
"Australia talks a big game on global tax avoidance.
It has prepared draft legislation it says will make sure all companies with
global revenue of at least A$1.2 billion, whether headquartered here or
overseas, pay at least 15% on the profits they make in Australia.
It’s part of a united effort by about 140 countries co-ordinated by the
Organisation for Economic Co-operation and Development (OECD) and the so-called
G20 group of rich industrial countries.
Treasurer Jim Chalmers says it will make big multinationals pay their fair
share.
But in other, broader forums Australia is showing itself to be less keen to
make multinationals pay up."
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
