https://www.google.com.au/amp/amp.abc.net.au/article/11789048acco...

  1. 21,986 Posts.
    lightbulb Created with Sketch. 769



    https://www.google.com.au/amp/amp.abc.net.au/article/11789048

    according to the ato published corporate tax data, one third of the top 500 Aus corporations paid no corporate
    tax in 2019 and of the remainder only a few paid the
    standard 30%.
    Many of these mega corporations are foreign owned and use all kinds of offshore strategies to avoid Aus
    corporate tax.


    So rather than attribute blame to the unfortunate
    disabled, why not lay the blame for budget shortfalls
    ar the boardrooms of the mega rich who are failing
    to be good corporate citizens.

    IMO, the best way to tax multinationals is to levy
    a flat turnover tax which would prevent them from
    transfer pricing


 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.