Read more about Why IKEA’s Australian Profits Are Mostly Tax Free
Despite reporting decades of miserable results, IKEA’s Australian arm has earned an estimated $1 billion in profits since 2003, and almost all of it has been exported tax-free.
Read more about ‘We Will Take Action:’ Australian Tax Chief Calls For Global Probe Into Leak Revelations
Australia’s tax chief may go after some of the country’s biggest corporations for potential discrepancies in their tax payments following the release of confidential agreements made between Luxembourg and multinational corporations.
Read more about Leaked Documents Expose Global Companies’ Secret Tax Deals in Luxembourg
Tiny European duchy a “magical fairyland” for corporations seeking to cut tax bills.
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