Ensuring multinationals pay their fair share of tax has never been easy, regardless of the political colour of the political Party in power in Canberra.
But it is stupid in the extreme to always relate turnover to profitability, as the two are not always connected. How many times have we seen corporations, in order to stay in business, raise their turnover by reducing the sale value of their products, still go down the slippery bankruptcy ladder? In the modern context just look at the value of Myer.
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- Morrison Asks Multinationals to Pay Fair Share Tax
Morrison Asks Multinationals to Pay Fair Share Tax, page-14
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Peter Batten, MD
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