Tag: tax evasion

Tax promises offer progress on big companies avoiding their fair share

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 […]

Tax changes must be first step in crack down on multinational tax dodging

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 […]

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