The Australian government will pursue some of the world"s biggest companies for tax avoidance through legislation expected to hit parliament within a month, Treasurer Joe Hockey said today. Hockey told ABC radio he plans to go after eight offshore-based companies to ensure they are paying their fair share of tax in Australia. Further reports suggest the Senate committee will write to sharing economy companies, including Uber and Airbnb, asking them to explain their taxation activities and potentially invite company representatives to appear at inquiry hearings.
The Australian government will pursue some of the world"s biggest companies for tax avoidance through legislation expected to hit parliament within a month, Treasurer Joe Hockey said today. Hockey told ABC radio he plans to go after 30 offshore-based companies to ensure they are paying their fair share of tax in Australia. Further reports suggest the Senate committee will write to sharing economy companies, including Uber and Airbnb, asking them to explain their taxation activities and potentially invite company representatives to appear at inquiry hearings.