Articles on Tax avoidance

Displaying 101 - 120 of 158 articles

Treasurer Joe Hockey has announced new rules allowing the Tax Commissioner will have the power to to recover unpaid taxes and issue a fine of an extra 100% of unpaid taxes, plus interest. AAP Image/Lukas Coch

Not all corporate tax avoiders will be snared by new rules

Only certain multinationals will be targeted under new corporate tax avoidance rules announced by Treasurer Joe Hockey.
Treasurer Joe Hockey has announced a budget crackdown on tax avoidance by multinational companies. AAP/Lukas Coch

Hockey moves on diverted profits but gives no estimate of revenue

The budget will toughen anti-avoidance measures to crack down on the profit-shifting being undertaken by 30 multinational companies that have been identified by the Taxation Office.
Apple Australia Corporate Vice President Tony King told a senate committee the company’s effective tax rate was above 30%. Nikki Short/AAP

Explainer: the ATO plan to deter corporate tax avoidance

A new formula adopted by the ATO is likely to act as both a detection tool and deterrent to corporate tax avoidance.
While Microsoft, Google and Apple have had to answer questions in Canberra about whether they meet their tax obligations, their media activities seemingly defy regulation. AAP/Nikki Short

It’s time for Australians to rewind the media policy machine

Current regulations are a complete mismatch for today’s media practices and structures. While politicians shy from the debate, it’s time to heed public opinion and revisit the Finkelstein Report.
Opposition leader Bill Shorten, Shadow Treasurer Chris Bowen and Shadow Assistant Treasurer Andrew Leigh have said their multinational tax package will make big firms pay their fair share. AAP Image/Mick Tsikas

Labor’s multinational tax package misses the point

The tax package recently announced by the Federal Labor party is clearly well intentioned but it misses the point about multinationals paying their fair share.
Microsoft Corporation’s Bill Sample, Google Australia’s Maile Carnegie and Corporate Vice President of Apple Australia Tony King appeared before Senate committee public hearings on corporate tax avoidance last week. AAP/Nikki Short

Explainer: the difference between tax avoidance and evasion

Tax avoidance or tax evasion? One is legal and one isn’t, but there are acres of grey area in-between.
Greens leader Christine Milne argues Australia is not doing enough to combat corporate tax avoidance. Lukas Coch/AAP

Experts caution Australia on unilateral ‘Google tax’

Treasurer Joe Hockey is considering a Google tax similar to that introduced in the UK, but experts warn it could derail global action on tax avoidance.
Australia’s Future Fund, chaired by former Treasurer Peter Costello, is not immune to the tax schemes corporations love. Alan Porritt/AAP

Stopping corporate tax avoidance in a house of smoke and mirrors

There are many and increasing ways for corporations to minimise tax legally. Solving the problem will take more, not less firepower from the ATO.
Naming and shaming is not really the main agenda of tax transparency. Bart Maguire/Flickr

Tax transparency can work for companies if they do it right

Companies that embrace tax disclosures and remind the public they are contributing to the economy could actually benefit from greater transparency.
Can everyone be a winner from comprehensive tax reform? Image sourced from Shutterstock.com

Tax reform ‑ can we ALL win?

Just what are the issues we need to watch when it comes to tax reform? Read this explainer.
H is for heft. Matt Buck

What’s gone wrong at HSBC?

As HSBC suffers under the scorching spotlight of public scrutiny once more, it is fair to ask why the banking group so often finds itself at the heart of the action.
Despite claims, there isn’t a systemic problem with tax evasion by Australian companies. Image sourced from www.shutterstock.com

Australia is not a country of rorters: our tax system is sound

The Henry Tax Review identified 125 taxes within Australia levied by all levels of government. Of those 125 taxes, just 10 taxes raised 90% of all tax revenue. The company tax is the second largest source…

Top contributors

More