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 OZschwitz McDonald's would NOT like tax with that

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RR Phantom

RR Phantom

Location : Wasted Space
Job/hobbies : Cayman Islands Actuary

OZschwitz McDonald's would NOT like tax with that Vide
PostSubject: OZschwitz McDonald's would NOT like tax with that   OZschwitz McDonald's would NOT like tax with that Icon_minitimeThu Jun 01, 2017 10:49 pm

Global fast-food giant McDonald's has cut its local tax bill by more than half but is considering whether it will need to restructure its operations to avoid getting hit by Australian laws aimed at stopping companies from diverting profits overseas.

OZschwitz McDonald's would NOT like tax with that 1496318410737

In 2016 McDonald's Australia continued with a long-standing practice of reducing its local tax bill, by using a legal loophole that allows it to pay McDonald's Asia Pacific – previously based in Singapore but now based in Britain – a "service fee" amounting to hundreds of millions of dollars.

http://www.smh.com.au/business/the-economy/mcdonalds-may-be-hit-by-the-diverted-profits-tax-for-now-it-pays-low-tax-on-royalty-income-20170531-gwh6ed.html
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OZschwitz McDonald's would NOT like tax with that

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