Shell Australia says campaign needed to ‘counterbalance’ claims by levy advocates – but Ed Husic urges industry ‘do not spend millions defending the indefensible’
I have no idea how to even begin to fix the whole “oh we owe 70% of our revenue to our international parent company for licensing and stuff” tax loophole. But that loophole costs our nation so much money that it boggles my brain. I assume it can’t simply be closed. But wow would that be neat!
And this is a company that actually paid most of a Billion dollars in tax.
I have no idea how to even begin to fix the whole “oh we owe 70% of our revenue to our international parent company for licensing and stuff” tax loophole. But that loophole costs our nation so much money that it boggles my brain. I assume it can’t simply be closed. But wow would that be neat!
And this is a company that actually paid most of a Billion dollars in tax.