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Morrison government using the budget to 'cover their political tracks' - Vimarsana News

Morrison government using the budget to 'cover their political tracks'

Labor MP Peter Khalil has accused the Morrison government of using the 2021 budget to “cover their political tracks” and criticised it for having a “lack of vision” when it comes to investing in Australia’s future economy. “It’s very political, there’s a lot of spending in areas to cover over the problems they created,” he said. “Over eight years there’s been cuts to aged care and women’s health. Scott Morrison oversaw much of this - he cut aged care himself. “So they created all these problems, now they’re trying to cover their political tracks effectively with a...

Push for crackdown on tax-shirking tech giants under proposal to repair budget - Vimarsana News

Push for crackdown on tax-shirking tech giants under proposal to repair budget

Push for crackdown on tax-shirking tech giants under proposal to repair budget 30/04/2021|6min Labor MP Peter Khalil told Sky News tech giants like Facebook and Google could be forced to pay more tax under a proposal to repair the budget. “Google just booked, I think, $5.2 billion out of local customers and paid something like $76 million tax. It is outrageous,” he said. “I’m not saying it’s illegal, it is all legal avoidance, it’s minimisation. “It’s what you and I would do for example with our tax returns, do a tax reduction, tax minimisation but we can’t do it on the sca...

Google's tax bill to reignite tech row - Vimarsana News

Google's tax bill to reignite tech row

Google’s tax bill to reignite tech row The search giant paid just $76m in taxes locally despite posting over $5bn in revenues, records show. Business by David Swan Premium Content Subscriber only US tech titan Google paid just $76m in tax in Australia over the past calendar year, its accounts show, despite the $2 trillion company booking more than $5bn in revenue from local customers, mostly for advertising payments. The company's latest financial report, filed to corporate regulator ASIC, show that Google booked $5.2bn in gross revenue for 2020...

Google's tax bill to reignite tech row | Queensland Times - Vimarsana News

Google's tax bill to reignite tech row | Queensland Times

Google’s tax bill to reignite tech row The search giant paid just $76m in taxes locally despite posting over $5bn in revenues, records show. Business by David Swan Premium Content Subscriber only US tech titan Google paid just $76m in tax in Australia over the past calendar year, its accounts show, despite the $2 trillion company booking more than $5bn in revenue from local customers, mostly for advertising payments. The company's latest financial report, filed to corporate regulator ASIC, show that Google booked $5.2bn in gross revenue for 2020...

Source: qt.com.au
Google's tax bill to reignite tech row | Morning Bulletin - Vimarsana News

Google's tax bill to reignite tech row | Morning Bulletin

Google’s tax bill to reignite tech row The search giant paid just $76m in taxes locally despite posting over $5bn in revenues, records show. Business by David Swan Premium Content Subscriber only US tech titan Google paid just $76m in tax in Australia over the past calendar year, its accounts show, despite the $2 trillion company booking more than $5bn in revenue from local customers, mostly for advertising payments. The company's latest financial report, filed to corporate regulator ASIC, show that Google booked $5.2bn in gross revenue for 2020...