▲ 244 r/australian
Question to people who don't want to tax those "poor gas companies": have you seen ABC's expose about Shell and how they cheat Austrlians? And how do you feel about taxing them now?
"Ultimately, Mr Killaly says the industry’s protests that it is paying significant tax is beside the point.
He says the key question is whether gas exporters are paying the correct amount of tax.
“The fact that a tax payment appears quite stunning in terms of being quite large doesn’t, by virtue of that fact, make it the right amount of tax,” he says.
“Because if your proper profit is a multiple of your tax payments, several multiples of your tax payments, then it may well be that you have to be paying a lot more tax.”"
Source:
u/GshegoshB — 28 days ago