Viewing articles in Tag:

tax avoidance

Filter Articles

Minerals Council’s tax report belongs in fiction section of Australian libraries but let’s use it to have a genuine debate about the costs of mining

Read more

Australia must take on United Kingdom on their rogue tax havens

Read more

Greens pressure helps deliver much needed inquiry into tax and royalty evasion in fossil fuel Industry

Greens Treasury spokesperson welcomes the announcement of a government review into potential rorting of the Petroleum Resource Rent Tax and the Commonwealth Royalty regime. Yesterday in Senate question time we asked the Government to consider doing this.

Senator Whish-Wilson said, “The Government has known about potential rorting by big fossil fuel companies of the PRRT and the oil and gas royalty regimes for years. Everyone should pay their fair share.

“The Greens have been raising questions about the integrity of these schemes in the last parliament and in this one.

Read more

Greens use government bill to repeal government bill

The Senate has voted to repeal the Turnbull government's so-called "kidnap law," which passed only last month and exempted private companies - with turnover of $100 million dollars or more - from having to disclose their tax affairs.

"The passage of this Greens amendment is a big victory for the community - we've improved a multinational tax avoidance bill so that it also improves the financial disclosure and tax transparency of big companies," said Greens Leader Richard Di Natale.

Read more

Tax reform an opportunity to act on climate, inequality

The Greens say any change to Australia's tax system must be progressive, correcting rising inequality and acting on global warming.

"The whole point of tax is to raise the revenue we need to pay for the Australian society we want: caring, innovative, healthy, and protected from the impacts of global warming" said Greens Leader Christine Milne.

"That means ending taxpayer support of polluting fossil fuels; it means actually collecting the tax owed by corporate Australia and multi-nationals, and it means closing tax loopholes for the richest among us.

Read more

A super system for everyone, not just the rich

The Greens have announced a new policy to make superannuation more equitable and raise $10 billion over the forward estimates. ‘A super system for everyone' will replace the current flat superannuation tax rate of 15% with a progressive system that is closely based on a person's marginal income tax rate.

"Superannuation in Australia has become a tax haven for the wealthy. It should be a way of delivering a comfortable retirement for everyone," Greens Leader Christine Milne said.

Read more

Treasurer’s early Christmas gift to big corporates

Acting Greens Leader Adam Bandt MP says the Treasurer has handed the big end of town an early Christmas gift while continuing his vicious attack on the young, the old, the sick and the poor.

“Mr Hockey is no scrooge, he’s left a gift for his corporate mates under the giving tree just in time for Christmas,” Mr Bandt said.

“The Abbott government method is to take from the poor and give to the rich.”

Read more