Saturday, December 13, 2014
Chris Jordan: Tax crackdown targets wealthy cheats
Chris Jordan: global action needed on Luxembourg tax deals
Chris Jordan, Tax Commissioner. Photo: Robert Shakespeare
Tax Commissioner Chris Jordan has called for joint compliance action by tax treaty partners to target multinational companies in the wake of a new round of Luxembourg tax leaks.
The Australian Financial Review revealed on Wednesday that US media giant The Walt Disney Company had stripped profits from international operations including Australia through a $US4 billion restructure in Luxembourg. BEPS