The Federal Government has an excellent chance to do itself a favour and also gain some good karma by taking onboard a suggestion by the Treasury to tax big multinational technology companies based on their revenue. It would help the budget bottom line and represent some actual policy for a change.
American multinational technology companies paid $616 million in tax during the last year, a total of $380 million more than the previous year, after new tax-avoidance laws were put in place.
Good on you Doctor CraigI hope this Aussie invention stays in Oz
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