Tag: tax

Tax cuts for big business should be buried for good

Responding to reports that the Federal Government has deferred its plans for corporate tax cuts, Oxfam Australia Chief Executive Dr Helen Szoke said: “The proposed $65 billion hand-out to big business will only fuel a global race to the bottom on corporate tax rates and undermine attempts to tackle inequality and poverty, both in Australia […]

Five steps the government must take to avoid another Paradise Papers scandal

Scandals involving the super-rich robbing the world’s poorest of much-needed tax revenues, like those revealed in the Paradise Papers leak, can be avoided if the Australian Government and others take five immediate steps towards tax reform, Oxfam Australia said today. International tax reforms have clearly failed, with new estimates suggesting that multinational companies artificially shift […]

ATO reveals large companies’ tax rort

Responding to the release of figures by the Australian Taxation Office that reveal the extent of tax avoidance by large Australian-based companies, Oxfam Australia’s Economic Policy Advisor Joy Kyriacou said: “The Australian Taxation Office has confirmed that multinationals avoided paying an estimated $2.5 billion into the public coffers in the 2014-15 financial year – money […]

Labor’s new tax policy shines light on hidden billions

Australia would become a world leader on tackling the tax dodging by multinationals that is robbing Australia and developing countries of billions of dollars that could be used to fight poverty under a Labor promise unveiled tonight, Oxfam Australia said. Oxfam Australia Chief Executive Helen Szoke said an announcement in tonight’s Budget Reply that a […]

Public pessimism and misunderstanding could undermine fight against global poverty

In the past 20 years, the number of people living in extreme poverty has more than halved, but the vast majority of Australians and people around the world think the opposite is true. A new global survey published by Dutch research firm Motivaction reveals that 89 per cent of Australians, and 87 per cent of […]

Australia must follow UK and make country-by-country tax reporting public

Australia must put tough talk into action and follow the United Kingdom’s move to force multinational corporations dodging billions of dollars in taxes to publish country-by-country financial reports, international aid agency Oxfam said today. Oxfam Chief Executive Dr Helen Szoke said the Conservative Government in the UK had last night accepted an amendment to legislation […]

MEDIA COMMENT: ATO ‘week of action’ welcome but more work needed to lift veil of tax secrecy

Responding to the Australian Tax Office Commissioner statement regarding a ‘week of action’ following the Panama Papers leaks, Oxfam Australia Chief Executive Dr Helen Szoke said:
“Oxfam welcomes the strong and swift action by the Australian Tax Office (ATO) on multinational tax avoidance, though more needs to be done by the Government on tax transparency.

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