PBO report says crackdown on tax evasion by major corporations could deliver near $4.5bn to the Australian budget over ten years

By Yajush Gupta · 15 November 2021 · Finance

PBO report says crackdown on tax evasion by major corporations could deliver near $4.5bn to the Australian budget over ten years

Australia's Tax Evasion Crackdown: A $4.5bn Windfall?

A shocking new report reveals a massive opportunity for the Australian government to boost its budget. But will the necessary reforms be implemented in time to make a real difference?

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Summary

A PBO analysis report suggests that cracking down on multinational evading taxes could boost the federal budget by $1.1bn over the four years