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Why taxing the world's biggest companies at 15% won't fix the gaping hole in global tax rules

  • Written by Kerrie Sadiq, Professor of Taxation, QUT Business School, and ARC Future Fellow, Queensland University of Technology
Why taxing the world's biggest companies at 15% won't fix the gaping hole in global tax rulesShutterstock

Australia’s federal government has a plan to discourage companies from shifting profits to tax havens. The idea is to impose a “global minimum tax” on large Australian and foreign-owned companies with subsidiaries in low or no-tax countries.

Australia’s largest mining companies are notorious for shifting...

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