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

Taxation, page-29

First 29 Last

Share
Profile

Follow
moorookamick

22,497 Posts.

769

07/05/23

13:34

Post #: 67645697
Share

Originally posted by moorookamick: ↑

IMO Multinationals should be taxed on their Aus revenue;
not their declared Aus profits which in many cases are nil
despite realising massive global profits.

A case in point is Shell.

Shell globally declared a profit for the Mar Qtr 2023 of $10
billion USD despite it not expecting to pay any Aus corporate tax
until 2026.

And this is merely one example out of hundreds

Expand

PS:
1 Upvote

Reply

Top Stories

Nine's staff strike as Paris Olympic coverage begins

ASX Market Open: ASX200 to rise for Friday session | July 26

HRZ

Horizon firms up ore reserve for Boorara ahead of FY25 Q1 development decision

Capital raisings wrap: Brainchip, Ovanti, Lake and VHM

RHK

Red Hawk upgrades Blacksmith with DSO mineral resource at the Eagle Deposit

NVA

Nova locks in NASDAQ US market listing at a value of only US$3.3M as ASX gets quieter and quieter

MND

Monadelphous inks $200M contract with Woodside to help build Pluto LNG – but will it make Scarborough cheaper?

TRP

Tissue Repairs soars nearly 32% on TGA approval for wound healing gel

IGO

IGO kicks off earn-in copper drilling on-site Encounter's Yeneena play as it adopts new identity

MIN

MinRes jumps 5% as the company meets production guidance – depressed iron ore prices be damned

There are more pages in this discussion • 4 more messages in this thread...

First 29 Last