Adventure Ausrama Blog

Aussies make technology firms hand over their cash to state coffers. blog Australia makes multinationals pay more tax. An audit by the the OECD brought to light how much money the big companies owed. With countries toughening up the rules, it is becoming increasingly difficult for the tax avoiders to keep all the profit.  ⎳ Australia a Hits a Multinationals a With a New a Tax a Rules ⎳ The OECD recommended ways to stop the cash going to tax havens. Nations have taken notice and passed new legislation. Australia's rules are clear: if you earn in Australia you must hand over the tax.  Large businesses will have no choice.   ⦿3 Australia b Hits b Multinationals b With b New b Tax b Rules ⦿3 Messing around with intercompany transfers between international branches to artificially reduce income will also face obstacles.  The mother conpany providing overpriced inputs to outlying branches will end.  Microsoft, Apple and Google have had their wings clipped. ...

Though banks are now more cautious with their lending, National Australia Bank CEO Cameron Clyne says the community blames the banks for the economic crisis and rightly so too. Banks have kept their operations very secret while they risked investors money by loaning out money to potential defaulters. He says banks should be more open about their interest rate tables and fees. Investors in the community are hit all the time by getting lower interest than they believe they will get, and being hit by fees without being informed why. Fees in particular have technical wording rather than "real life" wording. In short, he says people believe that banks are robbing bastards. He further warns that banks will increase interest charged on loans or keep them the same despite the central bank lowering rates. People will see this as plain robbery. They will call for government intervention. Economics by Ty Buchanan http://www.adventure--australia.blogspot.com/ http://www.tysaustralia...