No costing ? Whats going on with Hockey
The Abbott government didn't get costings from Treasury on how much revenue its multinational tax avoidance budget measure would bring.
The revelation explains why costings were not given by Treasurer Joe Hockey when he announced the measure or included budget papers.
Speaking at a Senate estimates hearing on Tuesday, finance minister Mathias Cormann said the government could not "credibly do that".
3 comments
3 comments
This one has me wondering if they have lost their marbles.
" Locally, the Coalition also flagged in the budget that it would work with business and the ATO – through the Board of Tax – to develop a voluntary code whereby large corporates disclose detailed information about their tax affairs. "
They can voluntary disclose their tax affairs now if inclined. Stick and carrot for the public but voluntary for big business ? Yeah they will be lining up to disclose all and while their at it stop sending profits to tax havens. Its like a script from the Hollowmen.