Guilt-pimping government idiots: OZschwitz Senate aims to out tax dodgers with register of offending corporates

Tax-dodging companies would be named and shamed under landmark transparency measures proposed by a Senate committee investigating multibillion-dollar corporate tax avoidance.

Guilt-pimping government idiots: OZschwitz Senate aims to out tax dodgers with register of offending corporates 1439684249179

Guilt-pimping government idiots: OZschwitz Senate aims to out tax dodgers with register of offending corporates 1439684249179

Along with maintaining a name and shame register, the Australian Tax Office would be forced to disclose all tax avoidance settlements above a certain level – likely to be $100 million. Currently, suspect companies are afforded privacy.

And all companies, whether they are domiciled in Australia or high-risk multinational players such as Apple, Google, oil giant Chevron and the bulk of the pharmaceutical industry, would be required to make annual disclosures of the tax paid, their Australian revenues and tax deductions and other government write-offs taken.

Read more: http://www.smh.com.au/federal-politics/political-news/senate-aims-to-out-tax-dodgers-with-register-of-offending-corporates-20150815-gizpdu.html#ixzz3iwH0dQYR

Guilt-pimping government idiots: OZschwitz Senate aims to out tax dodgers with register of offending corporates

Guilt-pimping government idiots: OZschwitz Senate aims to out tax dodgers with register of offending corporates

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