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on 16-10-2015 05:14 PM
Meanwhile Malcolm 'We don't work for big business' Turnbull,
The government will not proceed with proposed tax disclosure laws, which means around 800 private companies will not have to publish details of their taxable income and the amount of they pay.
The changes were pushed through the Senate last night and are a blow to transparency, according to the Labor Party and the Tax Justice Network.
However Prime Minister Malcolm Turnbull hit back at Labor during Question Time yesterday, according to Fairfax
, saying the tax disclosure laws were discriminatory towards “medium-sized” companies.
This is despite the fact that many of the companies affected by the tax disclosure rules are owned or founded by individuals on the BRWRich List.
The government will not proceed with proposed tax disclosure laws, which means around 800 private companies will not have to publish details of their taxable income and the amount of they pay.
The changes were pushed through the Senate last night and are a blow to transparency, according to the Labor Party and the Tax Justice Network.
However Prime Minister Malcolm Turnbull hit back at Labor during Question Time yesterday, according to Fairfax
, saying the tax disclosure laws were discriminatory towards “medium-sized” companies.
This is despite the fact that many of the companies affected by the tax disclosure rules are owned or founded by individuals on the BRWRich List.