Keeping public information about companies locked up behind paywalls and maintained by private interests is not in the public interest.
- Lecturer/Accounting, UNSW
From its float to its failure, the story of Dick Smith is ugly in its connotations for how business is done.
Behind the corporations legally avoiding paying tax are the big four accounting firms, helping them avoid transparency.
They say forcing private companies to disclose their taxable income will lead to kidnap. But that’s just the beginning of the poor excuses.
The government want us to believe in the “debt deficit disaster: in order to accept paying more tax. But why do parliamentarians need an inquiry simply to find out how much tax multi-nationals pay?
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