Corporate welfare Canavan calls for taxpayers to fund gas exploration
Matt Canavan is not only espousing a $1 billion taxpayer leg-up for Indian coal magnate Gautam Adani to build a rail line but has now called for public money to be deployed for gas exploration in South East Australia. It is not as if Exxon and BHP, which operate...
Plutus: the police raids, the ATO and the real plutocrats
COMMENT Loath as one is to invoke the utterances of Donald Trump, this “shocking”, “massive” and “disgusting” Plutus scandal which has “engulfed” the Australian Tax Office is, wait for it … #FakeNews. It is a good...
How Amex paid no tax in nine years on $10 billion
American Express has paid no net tax in Australia for nine years, according to its latest financial statements. That is zero tax on $10 billion in revenue. Well might this story end there. Enough has already been said. But Amex is by no means alone. Multinational...
Game-changer for oil giants and multinational tax avoiders
It was a superb win for the the Australian Tax Office against Chevron in the Federal Court last week but there is something everyone is missing, something which will turn the art of tax avoidance on its head; a game-changer for multinationals. Put simply, Chevron...Whats the scam
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