Gas Firms’ Tax Evasion Costing Australia AU$13.3B In Royalties: Report

Gas Firms’ Tax Evasion Costing Australia AU.3B In Royalties: Report

A report by an independent senator and crossbench MPs have accused Australian gas exporters of not paying their fair share of taxes, leading to a loss of AU$13.3 billion in royalty revenue for state or federal governments. Six of Australia’s ten LNG export plants, according to research by the Australia Institute, do not pay royalties … Read more