Originally Posted by
ramble on
They are too gutless to take on the BIG BANKS that are really royally screwing us. .
Not really, the Banks and local and too high profile to cheat much on tax.
https://www.afr.com/wealth/tax/top-1...0191212-p53j91
Worst tax offenders are (USA) multinationals, who can use transfer pricing to move profits around.
Some criticism is deserved for countries like Ireland and Singapore who make an industry out of facilitating tax minimisation at the cost of the rest of the developed world,
Companies like Amazon and Google got too smart and now have to pay.
BTW the family company that owns our small plane got an ATO call during the week chasing outstanding tax returns.