Kelly O’Dwyer, Australia’s Minister for Revenue and Financial Services, has stressed that the Government has taken and will continue to take steps to tackle corporate tax avoidance by large businesses. Speaking to Sunrise’s David Koch on August 23, 2017, the Minister said: “We absolutely believe very strongly that you cannot choose how much tax you […]
Australian Bankers Call For Tax Reform
The Australian Bankers’ Association (ABA) has criticized the current system for distributing goods and services tax revenue and called for a comprehensive reform of the tax system. The ABA’s submission to the Productivity Commission’s inquiry into Horizontal Fiscal Equalisation (HFE) states that in unintended and undesirable consequences have emerged during the system’s 17 years of […]