How multinational tax transparency got killed off by Australia's business lobbies

By Nassim Khadem
Updated October 27 2016 - 2:13am, first published 1:27am
Pedestrians pass the Apple store location on Fifth Avenue, New York. Apple is one of many US multinationals that has been criticised for not paying enough tax in Australia. Photo: Frank Franklin
Pedestrians pass the Apple store location on Fifth Avenue, New York. Apple is one of many US multinationals that has been criticised for not paying enough tax in Australia. Photo: Frank Franklin
Board of Tax chairman Michael Andrew supports a voluntarily code with limited tax details published publicly. Photo: Louise Kennerley
Board of Tax chairman Michael Andrew supports a voluntarily code with limited tax details published publicly. Photo: Louise Kennerley
Then treasurer Joe Hockey addresses the media during a doorstop interview regarding multinational tax, at Parliament House in Canberra in December 2014. Photo: Alex Ellinghausen
Then treasurer Joe Hockey addresses the media during a doorstop interview regarding multinational tax, at Parliament House in Canberra in December 2014. Photo: Alex Ellinghausen
Staff at the Apple store in Sydney. Apple is one of many US multinationals that has been criticised for not paying enough tax in Australia.  Photo: Rob Griffith
Staff at the Apple store in Sydney. Apple is one of many US multinationals that has been criticised for not paying enough tax in Australia. Photo: Rob Griffith
A report has found that most of America's largest corporations, including Google, Citigroup, Nike, PfizerPzifer, and PepsiCo, maintain subsidiaries in "tax havens". Photo: Tamara Voninski
A report has found that most of America's largest corporations, including Google, Citigroup, Nike, PfizerPzifer, and PepsiCo, maintain subsidiaries in "tax havens". Photo: Tamara Voninski

The Turnbull government's voluntary tax transparency code should be dumped.

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