Is Australia the world's best tax haven ?
This list was posted in the Age sometime ago. These companies have over $1billion in revenue and pay no income tax in Australia. Labor's Sam Dastyari has been pushing this in the senate against must pressure from vested interests. Any of these companies familiar?
Why is the 15% GST proposal so emotionally discussed, but these $1Billion plus earners get almost no mention?
By way of one example, CSL is leaving Australia for Switzerland which has a lower Company Tax.... lower than zero ?
CSL LIMITED
Total income: $2,105,980,000
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Who is not paying tax?
Here is the source.
Which of Australia's biggest companies are not paying tax