Archive for 'Tax Office'
Why the Australian Tax Office is losing the battle against the ‘transnationals’.
Global companies like Google, Starbucks and IKEA are cashing in on cuts to the Australian Taxation Office’s ability to make them pay their fair share of taxes here, an ATO insider has warned.
Click here to read more.
This echoes something I wrote in 2008 for the public sector informant in the Canberra Times.
Me in today’s Canberra Times letters. Scroll about half way down. http://www.canberratimes.com.au/comment/ct-letters/big-parties-cashed-up-20140824-3e7x5.html
Australian Tax Office to lose 3000 staff by October; what happens to revenue collections from the rich and powerful, Commissioner?
The one percent has captured not only Parliament and tax policy but tax administration now too. If that is true, the conclusion we might then reach is that the slaughter of Tax Office jobs currently under way is actually an attempt to administratively reduce taxes on capital by weakening the capacity of the ATO to tax the rich and powerful. Certainly that fits in neatly with the neoliberal cut taxes mantra of most politicians and the Treasury.
Over to you Commissioner of Taxation.
Are there lessons for Australia in what tax staff in the UK are doing? Some 50,000 tax workers at HMRC offices around Britain began a week of rolling strikes on Monday of this week writes Annette Mackin in Socialist Worker UK.
Company tax avoidance is not a failing of capitalism: it is its logical expression.
There are two ways to really tax the rich. The first is for workers to win bigger pay increases to stop the bosses getting their hands on more of our money before they can play funny buggers with it. The second is to overthrow the capitalist system which produces corporate tax avoidance.
Why is there no royal commission into corrupt business people and their companies cheating on their tax? Could it be because they are rich and powerful?
This may be the logic. Trickle down will increase revenue. The less tax we collect today from companies will magically produce more economic activity in the future. So having people in charge of the Australian Tax Office who ‘understand’ business and the realities they face is just what capital needs. To business, tax is just another cost and the lower the costs the higher the profit and the better off all of us will be
I believe in Santa Claus too.
I am quoted in today’s Australian. Among other things: ‘Former senior tax official John Passant concluded yesterday that the government’s need to suppress the quarterly revenue figure indicated that nothing was being collected.’ Find out why. Here is the link to the article ‘Advice fuels MRRT doubts’ by David Crowe.
If the UK Public Accounts Committee can question Starbucks, Amazon and Google about their tax affairs, and then condemn them for not paying any tax in Britain, we can do it here in Australia.
A thoroughgoing investigation into the tax affairs of big business is needed to see just what they get up to and whether they are paying a fair share of tax in Australia. After all, what has big business got to hide? Over to you Senators Rhiannon and Cameron.
Without a mass working class movement demanding and winning better wages, more jobs and price controls as well as more tax paid by the rich and big business, the rich and big business will continue to get richer and pay less and less tax.