Australia's largest stock trading and investment forum Australia's #1 stock forum

Taxation, page-19

First 19 Last

Share
Profile

Follow
UniversalTrader

19,749 Posts.

56

06/05/23

08:01

Post #: 67636936
Share

Originally posted by moorookamick: ↑

The Government plans to spend $360 Billion over 15 years for Nuke Subs
to protect Aus which is code for protecting our resources from China
which are over 90% foreign owned.

So if big business , particularly Multinations want 'national protection"
from China to protect their resources, then how about them ponying-up
and paying for it .

The Subs will cost the taxpayer $24 Billion P/A over 15 Years and that,
IMO, is peanuts for these multinationals some of which like Shell Oil
& News Ltd pay no Aussie corporate tax.

IMO the Subs are all about insurance and the higher valued the asset,
the higher the insurance premium. After all we live in a capitalist world
so why should Multinationals Aus asset insurance be socialised?

Expand

I agree that multi national companies need to pay theur tax here for earnings made here.
Regardless companies inject allot into our country via employing people
1 Upvote

Reply

Top Stories

IMU

Imugene kicks off Australian trial for blood cancer treatment

MMI

Metro Mining inks bauxite offtake contracts into 2026 with Chinese m

HotCopper Highlights: Your most watched and most discussed stocks this week

Trump Victory Sends Bitcoin Surging Above $75K – Is $100K Next?

Week 45 Wrap: Combat sports usher in Trump 2.0 – or is it male insecurity?; RBA boring; Propane suggests China alive

Trump is President Again: What Does This Mean for Crypto?

UBI

Universal Biosensors flat despite fresh deal with US medical product distributor

FG1

Flynn Gold reaches milestone exploration target for Golden Ridge

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

There are more pages in this discussion • 14 more messages in this thread...

First 19 Last