One-third of large Australian companies paid no tax, ATO data show

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And Morrison wants to give them a tax cut......ffs

“Failed” to pay tax -interesting idea, implies did not meet their obligations but that’s not how it works.

if we avided tax like that we would be in jail

. Terrible article. Doesn't call out the ATO bushit. It reports a $7.5B increase in corporate tax at the top of the article. Then later it subtly notes, without commentary, that $6.4B of that is public entities and only $1.1B is from overseas or private companies. Disgraceful.

Not surprised. Australian tax law allows foreign companies to shift profits to affiliates/parent groups offshore in the guise of payments for services. Also ableto lend money to their Australian operations at inflated prices creating excessive tax deductions in Australia. rort

Biased ABC implying companies don’t contribute via tax There are other forms of tax corporations pay: Taxes via shareholder/investor dividends Payroll/property taxes Taxation paid via salaries That ABC would quote GetUp is proof article is mere Socialist Us-vs-Them propaganda

They give companies the benefit of the doubt and spend millions pursuing citizens for chump change.

France riots make sence but they are in the wrong country .

Anyone surprised? How many times it will be reported? This government won't do anything...

Nice 'click bait' ABC, now please enrol for grade 1 & start again, thank you.

And if my reason was, 'because I don't want to', my arse would be in jail. UnAustralian!

The good reason is they contribute to parties. They buy the good reason not to pay tax.

In most cases it because It's too much work for the tax department to take on the countless lawyers the big companies have got

for all the wasteful push to cut biz tax to 20% Actually they dont pay any tax Norway&Qatar get more taxes fr their oil/gas We dont even have mining tax or Ctax

Like fuck they have good reasons!

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One in four of Australia's largest companies paid no tax last yearCommonwealth Bank has emerged as the nation's largest taxpayer - but a number of large entities didn't hand over a cent And ScottMorrisonMP wants them to have a tax cut! What about the bludgers (companies) paying zero tax with multi billion $ profit! Why are you allowing this to happen? ScottMorrisonMP JoshFrydenberg billshortenmp
ソース: smh - 🏆 6. / 80 続きを読む »

One in four of Australia's largest companies paid no tax last yearOne in four of Australia's largest companies paid no tax last year, but many are tearing through their losses, setting up a multibillion-dollar windfall for the Morrison government ahead of an election-year budget. Don’t worry, I’m sure they’ll find new losses before that ever happens. Great news This story gets rehashed every year. When is there gonna be a windfall for ordinary Australians?
ソース: theage - 🏆 8. / 77 続きを読む »