corporate tax avoidance
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Tesla Will Not Pay Any Federal Taxes This Year Despite Record Profits, Stock Price
Tesla won’t be paying a cent in federal taxes this year despite the company recording record profits and stock prices. In fact, according to CNN Business, they may not have to pay taxes in the near future at all.
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Government Could Raise Over $4 Billion From Tax-Avoiding Multinationals
Tonight’s budget has unveiled a swathe of multi-national tax avoidance measures, including a diverted profits tax — commonly known as the “Google Tax” within Australia — that could potentially capture billions of dollars from Australia’s top multi-national companies including Google and Apple.
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Apple, Google, Microsoft To Appear At Government’s Corporate Tax Avoidance Hearing Tomorrow
Governments always want to maximise the amount of money they bring in through taxation, and businesses naturally want to minimise their liabilities. In Australia, the problems around corporate tax are enough that a Senate investigation into the issue is gathering steam. Some of the largest tech companies in Australia will be appearing tomorrow to give…