Andy Schmulow, Associate Professor in the School of Law at the University of Wollongong, talks about the deliberate tax evasion strategies of mega rich corporations, robbing the public purse of much-needed billions of dollars. Meanwhile the Australia Tax Office (ATO) takes a softly softly approach to bringing these corporations to heel. In fact, Andy believes the ATO's approach could actually be encouraging corporate tax avoidance.

Senator Barbara Pocock has described the situation as one law for the rich and well connected and another for the battling and intimidated. Certainly a different approach was taken to Centrelink recipients in the government's notorious 'Robodebt' scheme, and we seem to be at the beginning of NDIS 'crackdowns' in a similar vein.

At the same time we are told that there are no funds to address the housing crisis, and other social necessities - and the climate crisis for that matter.

Reference

Parliamentary Joint Committee on Corporations and Financial Services

Action:

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