Coalition’s company tax cuts: more than 40% of benefit flows overseas, report finds

Coalition’s company tax cuts: more than 40% of benefit flows overseas, report finds

UTS report reveals $2.18bn a year of government’s $48bn tax cut will flow offshore to shareholders of multinational corporations and foreign tax authoritiesMore than 40% of the benefit of the Coalition government’s $48bn company tax cut will go offshore to shareholders of multinational corporations and foreign tax authorities, a new report has found.The report by academics at the University of Technology Sydney, commissioned by GetUp, reviewed 250 of the largest payers of company tax in 2013-14. Continue reading...

Read more..

Attitude

0/ 5
voted: 0
Importance
Write Sum-Up

World

Politics

Sport