It's one thing to want companies to pay the appropriate amount of tax, but you need to be careful not to set up a tax system that's hostile to big business, or those companies will simply base themselves elsewhere. A company which pay a small amount of tax and employs 1,000 people in Australia is a lot better than a company which is not based in Australia, pays no tax, and employs nobody.
Most countries offer "tax breaks" to multinationals to encourage them to open offices in that country.
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