AFR interactive artist Les Hewitt, my frequent partner-in-crime, and I have done some work with our award-winning investigative journalist Neil Chenoweth on a series of stories about profit shifting by multinational corporations. The interactives in the stories are designed to complement Neil’s forensic examination of each firm’s accounts. A lot of…
Infographic | Australians who don’t pay tax: what would Romney say?
The debate over the “47 per cent” of American adults who Republican presidential candidate Mitt Romney says don’t pay income tax caused a firestorm across the US this week. An analysis by The Weekend Financial Review has found that the proportion of Australian adults who don’t pay tax is almost as high,…
Last chance for offshore tax dodgers
THE tax office has doubled the penalties for tax cheats who admit to hiding money in offshore tax havens. It has also offered tax dodgers the opportunity to anonymously check if they are liable for criminal prosecution, in addition to a fine, before they come forward. Tax Commissioner Michael D’Ascenzo…