The purpose of the task is for you to demonstrate high-level critical reflection and analytical reasoning...

90.2K

Verified Solution

Question

Accounting

The purpose of the task is for you to demonstrate high-levelcritical reflection and analytical reasoning skills in the contextof the application of Australian taxation law and taxation lawpolicy. You must undertake academic research which demonstrates thefollowing:
1. An in-depth your understanding of how the specific tax lawapplies,
2. The policy context of the law and if relevant how otherjurisdictions deal with similar issues,
3. Critical reflection as to whether the law achieves its statedpurpose aligns with principles of good tax policy or could beimproved/amended. These critical reflections should be supported bythe research you have undertaken as well as your own independentthought.
Topic:
International Tax Avoidance – The avoidanceand/or minimization of tax by large multi-nationalcorporations are of great concern to Governments and taxadministrators. Identify and discuss at least one common methodmulti-national corporations might use to avoid tax in Australia.Then identify and critically evaluate at least one current strategyimplemented by the Government and/or the ATO that is used toprevent this.

Answer & Explanation Solved by verified expert

4.2 Ratings (764 Votes)

There has been many tricks the big companies follows to avoid taxes in Australia Below are some of the ways this is done Investing in the TAX heaven countries These countries are called as tax heaven because these countries do not leak out any information to another See Answer

Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:

Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!

Become a Member