Tag: jason ward

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Tax

Tech giants in govt’s tax reform firing line

Tech giants moving the “apparent location” of their “bits and bytes” production to minimise tax will face tighter rules under the Albanese government’s multinational tax reform package, which took...

Microsoft shareholders push for better tax transparency

Posted on   |  by Denham Sadler
Investors managing more than $506 billion in assets will push tech giant Microsoft to provide greater transparency of its tax practices around the world, including in Australia. Pensions &...

Federal govt bypassing AWS Australia for its US entity

Posted on   |  by Denham Sadler
The federal government is continuing to sign lucrative contracts directly with Amazon Web Services’ US office rather than its Australian entity, despite an update to its whole-of-government agreement switching...

McKinsey has paid just $1m tax in Aust on $850m revenue since 2019

Posted on   |  by Denham Sadler
Multinational consulting giant McKinsey paid “negligible” tax in Australia while winning more than $145 million in federal government contracts over the last three years, according to tax accountability experts....

Outsourced tech contracts ‘defy common sense’

Posted on   |  by Denham Sadler
Handing lucrative IT contracts to multinational tech delivery firms “defies common sense” and undermines the capacity of the public sector to build technical capability, leading tax experts have told...