Davriellelouna@lemmy.worlddeleted by creator to Australia@aussie.zoneEnglish · 1 year agoDespite $22bn promise, Adani has paid zero corporate tax in Australia and experts think it won’t ever pay a centwww.theguardian.comexternal-linkmessage-square9linkfedilinkarrow-up11arrow-down10
arrow-up11arrow-down1external-linkDespite $22bn promise, Adani has paid zero corporate tax in Australia and experts think it won’t ever pay a centwww.theguardian.comDavriellelouna@lemmy.worlddeleted by creator to Australia@aussie.zoneEnglish · 1 year agomessage-square9linkfedilink
minus-squareLodespawn@aussie.zonelinkfedilinkEnglisharrow-up0·1 year agoJust make a rule that a company will be taxed on its local revune assuming it made profits equal to it’s most profitable “related party”. Eg, Adani Ireland has 30% profit, then we assume Adani Australia’s revenue includes 30% profit and we tax that.
Just make a rule that a company will be taxed on its local revune assuming it made profits equal to it’s most profitable “related party”. Eg, Adani Ireland has 30% profit, then we assume Adani Australia’s revenue includes 30% profit and we tax that.