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Lapdog

47,430 Posts.

2

01/08/21

12:41

Post #: 54938339
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Originally posted by moorookamick: ↑

We just need a Labor win in both houses and tax these
bastards and teach them a lesson in humility.

Glencore has just won a court decision against the ATO
that alleged that it was transfer pricing via its Swiss marketing hub.
We badly need a tightening of legislation to enable the ATO to
do its job. IMO a flat tax based on Aus revenue is the best bet
and then they can employ whatever tax minimisation tactics
they fancy! Glencore turns over $20 Billion P/A in Aus and
10% of that would be a lazy $2 billion for the taxpayer; 7
times what it paid in 2019/20

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@moorookamick; what big mining companies including Glencore, RIO and BHP have been allowed to get away with under Morrison's deeply fascist government is absolutely obscene.
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