Archive for 'Tax havens'
The free market dream of Australia as a tax haven
Posted by John, April 24th, 2016 - under Independent Australia, Institute of Public Affairs, Tax, Tax havens.
Comments: none
As the full implications of the Panama Papers are still being unravelled, John Passant analyses the IPA’s Mikayla Novak’s argument, which favours tax havens and maintaining privacy for investors. This is the link to my article called Australia as a tax haven in Independent Australia.
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My article in Solidarity magazine on the Panama Papers
Posted by John, April 16th, 2016 - under Panama Papers, Solidarity magazine, Tax, Tax avoidance, Tax havens, Tax the rich.
Comments: none
This is the link to my article in socialist magazine Solidarity on the Panama Papers.
Release your tax returns and other random thoughts on tax
Posted by John, April 12th, 2016 - under Panama Papers, Tax, Tax avoidance, Tax evasion, Tax havens.
Comments: none
If I were Bill Shorten I’d release my tax returns for the last few years and call on Turnbull to do the same.
The Panama Papers reveal the real face of capitalism, again
Posted by John, April 5th, 2016 - under Tax, Tax avoidance, Tax evasion, Tax havens, Tax the rich.
Comments: 5
We could tax the rich to fund better services. None of the parties of neoliberalism – the Liberals and Nationals and the Labor Party – are going to really do that. At best they will offer mickey mouse changes as part of a smokescreen to give the impression of doing something without actually doing anything major to upset the rich and powerful, the capitalists, whose system drives them to avoid tax and hide their affairs in secrecy jurisdictions.
Now I know none of this tax the rich stuff will in reality get on the agenda willingly of the Labor Party. The answer is that when the current or future governments attack funding for workers or the poor, attack public schools, public hospitals and public universities, the fightback against those attacks has the potential, among other potentialities, to challenge the ruling class and its systemic tax avoidance and secrecy. To tax the rich build the fight against austerity.
Me in Independent Australia on Australian Prime Minister Malcolm Turnbull on transparency: Shielding the rich and shrouding gulags in secrecy
Posted by John, October 23rd, 2015 - under Independent Australia, Malcolm Turnbull, Tax avoidance, Tax havens.
Tags: Cayman Islands
Comments: none
Australian Prime Minister Malcolm Turnbull says he’s keen on transparency but shields the rich from transparency on tax, shrouds our gulags in secrecy about atrocities in detention and tells us zip about his tax haven investments. Not good enough, says former Assistant Commissioner of Taxation John Passant in Independent Australia.
Me in Independent Australia on Turnbull, tax and transparency
Posted by John, October 22nd, 2015 - under Malcolm Turnbull, Tax, Tax havens, Tax secrecy.
Comments: none
Me in Independent Australia on Turnbull, tax, and protecting the rich from transparency.
Tax, Turnbull and the Cayman Islands again
Posted by John, October 20th, 2015 - under Malcolm Turnbull, Tax, Tax avoidance, Tax havens.
Tags: Cayman Islands
Comments: 1
An annual net wealth tax on the top 10 percent of the wealth holders, abolition of the superannuation tax haven, removal of the capital gains tax concession, taxing trusts like companies, imposing a super profits tax on all industries (such as banks, not just mining companies,) making the current income tax system more progressive, with for example a 100% rate on all income greater than $250,000, are just a few suggestions that come to my mind. Of course, Labor as a party of neoliberalism won’t do anything radical. It will fiddle while the revenue Rome burns
Vanuatu, climate change, tax avoidance and helping the country
Posted by John, March 17th, 2015 - under Tax avoidance, Tax havens, Vanuatu.
Tags: Cyclone Pam
Comments: none
No doubt all those companies in Vanuatu (especially those with some sort of Australian connection) which have benefited from not paying any income tax there and perhaps reducing their Australian and other country tax will be chipping in lots to help the country after the catastrophic Cyclone Pam destroyed a number of lives and livelihoods. Oh …
Australian Tax Office to lose 3000 staff by October; what happens to revenue collections from the rich and powerful, Commissioner?
Posted by John, July 15th, 2014 - under Tax, Tax avoidance, Tax cuts, Tax evasion, Tax expenditures, Tax havens, Tax Office, Tax policy, Tax the rich.
Comments: 6
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.
Company tax avoidance in Australia: is it just one bad Apple?
Posted by John, March 9th, 2014 - under Tax, Tax advisers, Tax avoidance, Tax havens, Tax Office, Tax reform, Tax the rich.
Tags: Apple, Google
Comments: 5
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.