The press continues to create the perception amongst the Australian public of multinationals not paying their fair share of tax, into what could only be understood as a multinational witch hunt.
Recent articles focus on the corporate tax amounts that Amazon and other significant multinationals are paying, presumably, as a result of their transfer pricing policies. But, is the press telling the full story?
Multinational companies pay other types of taxes, as well as corporate tax. And there is more…Having multinational companies in Australia creates jobs, provides Australians with access to new technologies and stimulates the economy.