The ATO has reiterated its support of the Tax Avoidance Taskforce in addressing issues “at the top end of town” following the announcement that medical equipment company ResMed had settled its tax dispute for the equivalent of US$381.7 million.
“This announcement is another example of the success of the Tax Avoidance Taskforce in strengthening the Australian Tax System,” deputy commissioner Rebecca Saint said, adding that “the impact of the taskforce at the top end of town has been significant and has made a significant contribution to revenue in Australia as well as locking in improved compliance and tax revenues into the future”.
What Scientists Know About the Risk of Breakthrough Covid Deaths - The New York Times – “Deaths among people who have been fully vaccinated remain rare, but older adults and those with compromised immune systems are at much higher risk…The vaccines are highly effective, even against the more contagious Delta variant, which is now responsible for nearly all coronavirus infections in the United States. People who are fully vaccinated are roughly one-tenth as likely to be hospitalized and even less likely to die from Covid-19 than those who are unvaccinated, according to a recent study from the Centers for Disease Control and Prevention. A New York Times analysis of data from 40 states found that fully vaccinated people have accounted for 0.2 to 6 percent of Covid-19 deaths. Among the more than 187 million Americans who have been fully vaccinated, there have been 7,178 deaths, according to the C.D.C. Eighty-five percent of those deaths have been in people 65 or older. “Breakthrough deaths with vaccinated individuals do occur,” said Dr. Peter J. Hotez, dean of the National School of Tropical Medicine at Baylor College of Medicine in Houston. “But there are certain groups that are at greater risk.”..
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