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New laws to make it harder for large Australian and foreign companies to avoid paying tax

From this week, large companies including BHP, Apple and Meta will have to publish detailed tax information to stamp out tax avoidance.

Kerrie Sadiq

From this week, large companies including BHP, Apple and Meta will have to publish detailed tax information to stamp out tax avoidance.

When it comes to large companies’ tax disclosure, the influence of the CEO is critical.

Further promises of tax breaks for businesses are likely in the run-up to the election, but that will mean trade-offs are needed.

Large companies paid the Australian government a record A$100 billion in tax in the last year, a 17% increase on the previous year. But, over the...