Tag: Avoidance

Science

Science vs Lies – We have been Conned – » The Australian Independent Media Network

Dutton avoids responsibility and simply victim blames for his transgressions.

Mr Dutton has stated that Australia should not help poor Nations which have done little to increase global warming, while Prime Minister Albanese has left the question open at present. Australia is one of the world’s largest exporters of greenhouse gases; hence Australia is partially responsible for the plight of millions of people overseas. The LNP view of having “No Duty of Care” for young people falls into a similar belief as not caring for people when the emissions exported by Australian fossil fuels corporations is deadly for people especially in poorer countries, and to a lesser extent for Australians. The effect of greenhouse gases knows no borders.

Source: Science vs Lies – We have been Conned – » The Australian Independent Media Network

Election

No, Morrison can’t avoid going to an election (and other stories)

Social media discourse has been indicating PM Morrison may attempt to postpone the 2022 Election using the pandemic as an excuse. Andrew P Street sets the record straight.

Source: No, Morrison can’t avoid going to an election (and other stories)

TAX

The Global Tax System Is Broken. We Can’t Trust Rich Countries to Fix It.

The world is finally recognizing the harms of corporate tax avoidance. But the OECD’s solution to the problem is designed by rich countries, for rich countries. We need an alternative.

Source: The Global Tax System Is Broken. We Can’t Trust Rich Countries to Fix It.

TAX

The Pandora Papers show the line between tax avoidance and tax evasion has become so blurred we need to act against both

OECD chief Mathias Cormann has brokered a deal for a global minimum corporate tax rate. OECD (CC BY-NC 3.0 IGO) Some of what’s been uncovered in the Pandora Papers is illegal (“evasion”) but much might not be (“avoidance”, aided by anonimity). The effect is the same. Dollars that ought to have been paid in tax are withheld and used for the benefit of people who aren’t keen to admit to owning them.

Source: The Pandora Papers show the line between tax avoidance and tax evasion has become so blurred we need to act against both

Media

Why Won’t the Media Discuss Trump’s Mental Instability?

via Why Won’t the Media Discuss Trump’s Mental Instability?

Tax Havens

How Corporations and the Wealthy Avoid Taxes (and How to Stop Them) – The New York Times How Corporations and the Wealthy Avoid Taxes (and How to Stop Them)

an estimated $8.7 trillion, 11.5 percent of the entire world’s G.D.P., is held offshore by ultrawealthy households in a handful of tax shelters, and most of it isn’t being reported to the relevant tax authorities. This is… not so legal.

These figures represent a huge loss of resources that, if collected, could be used to cut taxes on the rest of us, or spent on social programs to help people in our societies.

How Corporations and the Wealthy Avoid Taxes (and How to Stop Them) – The New York Times

TAX

Panama Papers: Mossack Fonseca leak takes Four Corners on a taxing journey into a parallel universe – ABC News (Australian Broadcasting Corporation)

Four Corners reporter Marian Willkinson reveals how hard it was to get through the front door of law firm Mossack Fonseca — the parallel world of tax havens.

Source: Panama Papers: Mossack Fonseca leak takes Four Corners on a taxing journey into a parallel universe – ABC News (Australian Broadcasting Corporation)

TAX

US corporations avoid an estimated $2 billion tax every year in Australia: report

United States corporations avoid an estimated $US1.45 billion ($2.06 billion) of tax in Australia each year by shifting their profits to low or no tax countries, research shows.

Source: US corporations avoid an estimated $2 billion tax every year in Australia: report