How multinationals shift billions in revenue offshore and what Labor plans to do about it

Updated

May 09, 2019 12:52:33

Person uses uber mobile app with a tax visible in the background.
Photo:

Uber is among a number of multinationals that sends revenue from Australia to low tax countries. (Reuters: Kai Pfaffenbach)

Multinationals, which are legally channelling billions of dollars of revenue earned in Australia to low-tax jurisdictions such as Singapore and the Netherlands, could be caught by Labor’s proposed policies to apply tougher taxing rules.

ABC News has examined the financial accounts of some of the major companies that may get

... read more at: https://www.abc.net.au/news/2019-05-09/how-labor-plans-to-tax-multinationals/11085522