Responding to today’s announcement that a Labor Government would tighten loopholes exploited by multinational companies to avoid paying tax, Oxfam Australia’s tax policy advisor Joy Kyriacou said: “Tightening a range of tax loopholes would be a very welcome move. “Today’s policy announcement by Federal Labor would see loopholes closed across a range of important areas, including […]
Tag: tax evasion
Commenting in response to the Diverted Profits Tax legislation passed by Federal Parliament last night, Oxfam Australia spokeswoman Joy Kyriacou said: “The passing of the new Diverted Profits Tax (DPT) overnight is a welcome sign of clear action from the Government to crack down on multinational tax avoidance. “Oxfam estimates that each year, ‘offshoring’ of […]
Responding to revelations of the Panama Papers today Oxfam Australia Chief Executive Dr Helen Szoke said:
“The Panama Papers lay bare the murky underside of a system that allows big business and the super rich to hide billions that they should be paying in tax.