ATO getting tough on those who don’t respond
The Australian Taxation Office said it is instigating stronger action for people who have not met their tax...READ MORE
Global tech firms such as Amazon have come in for special scrutiny because they generate significant revenue in many European countries but pay relatively little income tax in them.
Multinational companies are girding for new rules designed to force them to pay greater corporate income taxes in more countries where they operate, setting up potential clashes between Silicon Valley giants and European governments angling for tax revenue.
Read the full story at Business Spectator.