Green Left Fighting Fund

Multinational corporations are using tax havens to avoid paying tax and the filthy rich are getting richer. Paradise Papers, Panama Papers, billionaire capers – what’s new? This stuff has been going on for yonks.

Federal Treasurer Scott Morrison has ramped up calls for tax cuts to big business in an October 24 speech to launch the Productivity Commission's latest report.

Morrison claims corporate tax cuts are "an urgent matter" now that conservative governments in the United States, Britain and France are moving to slash big business taxes. Australia risks becoming an "uncompetitive tax island" if it does not follow suit, Morrison claimed.