Why is Australia helping to block a move to tax multinational corporations properly?
- Written by Kerrie Sadiq, Professor of Taxation, QUT Business School, and ARC Future Fellow, Queensland University of Technology
Australia talks a big game on global tax avoidance.
It has prepared draft legislation it says will make sure all companies with global revenue of at least A$1.2 billion, whether headquartered here or overseas, pay at least 15% on the profits they make in Australia.
It’s part of a united effort by about 140 countries co-ordinated by the...