Unfair tax avoidance by pharmaceutical companies behind some of Australia’s most trusted brands – including Band Aid, Centrum and ChapStick – is depriving Australia’s coffers of an estimated $215 million a year – and developing countries of more than $146 million – in urgently needed funds to help tackle poverty, according to new Oxfam research. […]
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 […]
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 […]
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 […]
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 […]
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 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 […]
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.
Much-needed policies on achieving greater equality must not be put at risk as the Coalition grapples with its slim hold on power and narrow mandate, international aid agency Oxfam Australia said today.
Fifty-one of the 68 companies that were lent money by the World Bank’s private lending arm in 2015 to finance investments in sub-Saharan Africa use tax havens, Oxfam revealed today.