Giant profits, tiny tax bills
Posted by John, November 27th, 2012 - under Tax, Tax avoidance, Tax design, Tax policy, Tax reform.
Tags: Google
It might well be a case of a stopped clock being right twice a day, but on the very day I had an article in The Conversation called Giant profits, tiny tax bills: time to close loopholes on corporate tax avoidance dealing with multinationals like Google et al and the inadequacies and problems with 20th century tax models for 21st century tax arrangements, Assistant Treasurer David Bradbury appointed the head of the revenue Group in Treasury, Rob Heferen, to develop a scoping paper to ‘set out the risks to the sustainability of Australia’s corporate tax base and look at the potential solutions.’