Tech giants are under fire right now for gaming the system to dodge billions in tax, as they appear before a senate tax inquiry.
Facebook, Google, Microsoft, and others are generating billions of dollars in revenue in Australia, but they are transferring this to overseas tax havens so they don’t have to pay their fair share.
We’re being cheated out of billions: this is money that could be funding essential public services like our schools and hospitals.
We can help stop this by putting an end to the secrecy that allows tax dodging. Labor and the Greens have pledged to make multinationals’ tax affairs public for every country they operate in.
We need your help to get the Coalition on board too.
Australians deserve tax transparency! Call on the Coalition to introduce public country-by-country reporting now.
It’s simple: if you have a job in Australia and you earn above the minimum threshold, you have to pay your fair share of tax.
Companies like Google, Facebook, Microsoft, and IBM aren’t above this rule.
Our community needs to know that companies are actually paying their taxes in the countries in which they are really doing business, and not on the basis of artificial legal structures.
If we had mandatory public country-by-country reporting, we would know.
This isn’t hard: banks already have to do this in Europe. They are required by law to release data on revenue, the number of employees, and level of profits and taxes on a country-by-country basis.
But our laws aren’t strong enough. The lack of transparency means multinationals are getting away with claiming that their money should be taxed elsewhere -- in places like Ireland where the tax rate is drastically lower.
Tell the government to make tax transparent: introduce public country-by-country reporting now.
SumOfUs members like you have come together before to force corporations pay their fair share of tax and we’ve gotten the attention of our politicians.
Over 25,000 of you signed a petition to Treasurer Scott Morrison to reform the petroleum tax, thousands of you made phone calls, and thousands of you also chipped in to fund an ad in Morrison’s local paper.
Tackling tax avoidance is on the government’s radar. But they won’t move until they know we won’t rest.
Will you add your name to make tax transparent in Australia?