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Old 04-09-2015, 10:08 PM   #36
Pulpmeister
Wizard
Pulpmeister ought to be getting tired of karma fortunes by now.Pulpmeister ought to be getting tired of karma fortunes by now.Pulpmeister ought to be getting tired of karma fortunes by now.Pulpmeister ought to be getting tired of karma fortunes by now.Pulpmeister ought to be getting tired of karma fortunes by now.Pulpmeister ought to be getting tired of karma fortunes by now.Pulpmeister ought to be getting tired of karma fortunes by now.Pulpmeister ought to be getting tired of karma fortunes by now.Pulpmeister ought to be getting tired of karma fortunes by now.Pulpmeister ought to be getting tired of karma fortunes by now.Pulpmeister ought to be getting tired of karma fortunes by now.
 
Posts: 2,838
Karma: 29145056
Join Date: Nov 2011
Location: Perth Western Australia
Device: kindle
Just to clarify my post back on page 1:

I didn't say that what they were doing is legal; I wrote that they said what they are doing is legal; i.e it is their opinion. Also that they said that "everyone is doing it" (but not everyone is. Me, for instance.)

This is not unique to Australia. Tax dodging is big business in UK and USA and other countries, with many big multis doing exactly the same thing there.

Maybe it would be simpler to have no corporate income tax as such, but, say, an annual licencing fee which is a percentage of gross turnover. The Hollywood Movie Star technique. Forget about profits; creative accounting can eliminate those; go for gross receipts.
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