The great multinational tax rort : how we're all being robbed / by Martin Feil
By: Feil, Martin.Publisher: Brunswick, VIC : Scribe, 2016Description: xii, 242 p. ; 24 cm.ISBN: 9781925321647.Subject(s): Tax avoidance | Transfer pricing | Tax evasion | Accounting | Globalisation
|Item type||Home library||Call number||Status||Date due||Barcode||Item reserves|
|Book||Australia||123.1 FEI 2016 (Browse shelf)||Available||CA012342|
|Book||New Zealand||123.1 GRE (Browse shelf)||Available||CA009419|
SETTING THE SCENE: What's the trouble with multinationals? -- The games the big four play -- Base erosion and profit shifting -- Treaties and havens -- Time is not of the essence. MULTINATIONAL DOMINATION: Shearers and diggers, 1890 to 1990 -- The containerisation revolution -- Unforeseen consequences -- The multinationals' market strategy -- Transfer-pricing strategies -- Transfer-pricing methodologies -- The OECD action plan and the big four's responses. AUSTRALIA - A CASE STUDY: Is Australia history? -- The end of distance -- Reinventing Australia. APPENDICES: The golden age of tax planning -- Recent Australian court cases -- A partial list of tax havens -- Transfer-pricing legislation in Australia -- Treasury scoping-paper comments -- The UK parliamentary report on the big four -- The OECD.
Examines how multi-national organisations minimise their tax obligations through transfer-pricing. Describes the strategies the Big Four accounting firms have used to enable this while making massive profits for themselves. Argues that governments and citizens are being robbed and calls for a fairer tax system.