Category: Audi

Luxury Car Tax “unfair”, says Audi

The Luxury Car Tax (LCT) is “absolutely an unfair tax”, says Audi general manager of corporate communications Anna Burgdorf. The LCT, which was implemented in Australia on July 1, 2000, was designed to protect the local car industry and slug buyers of ‘luxury cars’ with a 25.0 per cent tax...

Apple iTax: made in Ireland, designed in the US

Apple, famous for its innovative products, is equally creative in its tax structure. From 2009 to 2012, it successfully sheltered US$44 billion from being taxed anywhere in the world, including sales generated in Australia. While there are probably some sound reasons for Apple’s CEO, Tim Cook, to claim in a US congressional...