Tax dodger busted

Major issues which will affect Australia and the World

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Buck_naked
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Joined: 08 Jul 2013, 18:47
Location: potting shed

Tax dodger busted

Post by Buck_naked » 21 Aug 2017, 21:19

A tax dodger has been caught, and it wasn't the guy from Jims mowing doing cash jobs.
It was Chevron, the largest holder of natural gas resources in the country.
They loaded up the australian subsidiary with debt to reduce profit and tax paid here.
They will have to cough up one billion dollars.
And other foreign companies are in the cross hairs.
Extra tax collected could total $1 billion per year.
A bewdiful set of numbers. :lol: :lol: :lol:
as reported on page 3 of the AFR weekend edition.

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godfather
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Joined: 31 Aug 2005, 20:41
Location: Brisbane

Re: Tax dodger busted

Post by godfather » 21 Aug 2017, 21:35

Glad to see some progress on that front.
Wonder how many others (big and small) are doing exactly what Chevron did?

:text-thankyou: :text-thankyou: :text-thankyou:
The devil whispered, “You cannot withstand the storm“ and I replied: “I am the storm!”.....Unknown.

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grandduke
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Joined: 01 Sep 2008, 20:13
Location: 1770 Agnes Water Central Queensland

Re: Tax dodger busted

Post by grandduke » 22 Aug 2017, 09:09

That money will go nicely towards health and education services
then this soulless mob in power can stop belting the hell out those
who elect them in the first place. :character-oldtimer:
“You see things; and you say, ‘Why?’ But I dream things that never were; and I say, ‘Why not?’”
George Bernard Shaw

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