We definitely do need to close up loopholes that multinationals use to avoid paying tax here (and really, everybody should have a look at Michael West’s Top 40

We definitely do need to close up loopholes that multinationals use to avoid paying tax here (and really, everybody should have a look at Michael West’s Top 40 Tax Dodgers [1] - apparently Google avoids being on the list by directly booking a fair bit of their Australian profit offshore, but wouldn’t be that high compared to the likes of Chevron, Exxon and others). But we need to keep in mind that this proposed bill has been pushed for pretty much solely by a single American company that controls 70% of our media and also doesn’t pay tax! In this case, I’d prefer Google wins - tax reform can come after. Or we could use it as a compromise - “OK, we’ll drop the News Corp Subsidy Bill, but in return you stop the tax avoidance” 1. https://www.michaelwest.com.au/australias-top-40-tax-dodgers-2020-fossil-fuels-dominate-once-more/ https://www.michaelwest.com.au/australias-top-40-tax-dodgers...