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 OZschwitz extortionist unlikely to recoup the $2.9b it's chasing from multinationals

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PostSubject: OZschwitz extortionist unlikely to recoup the $2.9b it's chasing from multinationals    Fri Apr 07, 2017 12:37 am

The Australian Taxation Office has issued bills totalling $2.9 billion to seven large companies, but if history is any guide, it is likely to get only half that amount.



Apple, Google, Microsoft, BHP Billiton, Rio Tinto, Crown, Chevron and Singtel Optus are among those named during evidence at the Senate inquiries or in ASX statements as being audited by the ATO, and are fighting tax bills. It is unclear which ones are being included in the $2.9 billion figure.

http://www.smh.com.au/business/comment-and-analysis/ato-unlikely-to-recoup-the-29b-its-chasing-from-multinationals-20170406-gvewsz.html
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OZschwitz extortionist unlikely to recoup the $2.9b it's chasing from multinationals

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