Australia closing the tax net on online giants

The federal government is on the verge of releasing a controversial scoping study into complex tax minimisation structures being used by e-commerce and tech companies such as Google, Amazon and Apple.The draft report comes just five months after the Gillard government appointed a specialist taskforce to advise Treasury on the risks of erosion of tax revenue as well as some potential solutions.
http://www.smh.com.au/business/closing-the-tax-net-on-online-giants-20130429-2ioxm.html

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.