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
ShutterstockAustralia’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...