Category: Tumbuli Malcolm

Why Malcolm Turnbull wants to charge Google and Facebook GST on Australian ad revenue

Multinational tech giants Google and Facebook could soon be charged goods and services tax on advertising booked by Australian companies if a proposal flagged by federal Communications Minister Malcolm Turnbull is adopted. While multinational corporations continue to come under fire for minimising their tax bills in Australia, Turnbull has floated...

Financial transparency campaigners question Malcolm Turnbull investment

Malcolm Turnbull, Australia’s second-richest parliamentarian, has invested in a ”vulture fund” based in the tax haven Cayman Islands. Disclosure of what appears to be a $1 million stake in a New York-run fund targeting distressed and bankrupt companies sparked criticism from financial transparency campaigners on Thursday. They argue the Communications...