- 03 Aug 2015 02:09
#14588993
Many companies are avoiding paying any significant tax, despite billions is sales, and often billions in support from the Australian government.
http://www.theage.com.au/business/comme ... ipm9k.html
"The nine from Big Pharma paid a paltry $85 million in income tax between them last year – despite racking up $8 billion in sales and receiving $3.5 billion in subsidies from the Australian taxpayer."
"Chevron knows this too. Not only did it manage to skive out of paying tax last year altogether, the Australian Tax Office (ATO) even wrote the oil giant a cheque for $5.7 million."
http://www.theage.com.au/business/comme ... ipm9k.html
"The nine from Big Pharma paid a paltry $85 million in income tax between them last year – despite racking up $8 billion in sales and receiving $3.5 billion in subsidies from the Australian taxpayer."
"Chevron knows this too. Not only did it manage to skive out of paying tax last year altogether, the Australian Tax Office (ATO) even wrote the oil giant a cheque for $5.7 million."