What Lendlease has been doing is buying villages, claiming a bonanza of deductions by changing the contracts from lease to loan arrangements, booking the benefit of those deductions to its bottom line, and ignoring the tax law that says you can’t double dip.Read More
by Michael West | May 30, 2018
Four years ago, Christine Milne, then Greens leader, rang out of the blue to chat about multinational tax avoiders. We discussed terms of reference for a possible Senate Inquiry. The final report came down yesterday evening. Billions of dollars have since flowed into the national coffers as a result of that inquiry.Read More
by Michael West | May 28, 2018
Kerr Neilson, the man described as Australia’s most astute company investor, also the man whose family has millions to gain personally from corporate tax cuts, has called the case for the government’s plan to cut corporate taxes “hollow”Read More
by Michael West | May 25, 2018
Australia’s number one corporate taxpayer is Platinum Asset Management. Founded and controlled by legendary investor Kerr Neilson, Platinum pays more tax, dollar-for-dollar of income, than any other large company in this country.Read More
by Michael West | May 7, 2018
There was one simple goal: to find out how much income tax was paid by Glencore, Australia’s biggest coal miner. Our quest had more spills than a Blues Brothers movie. We were met with the threat of a lawsuit, newspaper editors caving in with grovelling apologies, weeks of company searches costing hundreds of dollars, a hostile PR offensive run in rival media and the mining lobby and were still none the wiser.Read More
by Michael West | May 3, 2018
Senate hearing, April 24, 2018 Senator Lee Rhiannon: You have again repeated this supposed...Read More
by Michael West | Apr 29, 2018
The endless battle against the business lobby for tax justice and transparency proceeds apace. The European Council is scheduled to meet in Brussels on May 25 and will likely consider new rules on corporate transparencyRead More
by Michael West | Apr 17, 2018
The number one weapon of the multinational tax avoider is secrecy. Together with tougher...Read More
by Michael West | Apr 8, 2018
The taxman is tougher on small business than big business, of that there is no doubt. Here are two short stories: one of Susan and Greg, a couple from Queensland who lost their house after running a cafe for 16 yearsRead More
by Michael West | Apr 6, 2018
UK betting giant, William Hill, is selling out of its Australian gambling operation, this country’s biggest, while it is under investigation by the Tax Office, likely for dubious transactions exposed here.Read More
by Michael West | Mar 15, 2018
Senator Kimberley Kitching: “So, they are the owners of your company. Have you met...Read More
Hope Downs Marketing Company Pty Ltd. has dropped off the Top 40 list today. For more information click here.
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New Michael West Podcast
Created by PodcastOne, this 3 part series looks into how Australia has gone from one of the cheapest countries in the world for energy to one of the most expensive, and reveals just what has happened with our gas and electricity supply and why we are on the verge of an energy crisis.