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Old 6th May 2009, 19:48
  #26 (permalink)  
heads_down
 
Join Date: May 2009
Location: Sydney
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Just remembered if Qantas can and did criminal price fixing not for one day but for a few years, they can surely break curfews without feeling any guilt, because just like the criminal case, everyone in sydney gets off scot free as usual.

All fines are just a operating expense which is tax deductible end of financial year.

Therefore legislation should be changed not to allow companies claim fines as an operating expense so they will be more careful and think twice before they break laws again the next time.

I mean what's the point of a fine as punishment when at the end of the day, it is just an operating expense that can be claimed in full end of financial year, so on one hand the judge hands down the fine and on the other hand, the company takes it all back through ATO end of June. It's a joke, there is no deterrent, just a delay.
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