New Assistant Treasurer must act on multinational profit shifting

Tony Abbott has announced that Josh Frydenberg will take over as Assistant Treasurer in his Ministerial reshuffle. With a new Minister in the job, it's time for the government to show some real commitment to tackling tax avoidance by big corporates.

MEDIA RELEASE

NEW ASSISTANT TREASURER MUST ACT ON MULTINATIONAL PROFIT SHIFTING

Since coming to office, the Abbott Government has given $1.1 billion back to multinationals, while cutting the pension and slugging Australians with new taxes.

If the new minister – the Government’s first Assistant Treasurer in 274 days – wants to show that he is serious about multinational profit-shifting, he needs to demonstrate policies that will fairly tax multinationals.

The Abbott Government is strong with the weak, but weak at standing up to the strong.

Can the new Assistant Treasurer show that he is on the side of ordinary Australians, or will he only develop policies to help the big end of town?

SUNDAY, 21 DECEMBER 2014

MEDIA CONTACT: JENNIFER RAYNER 0428 214 856


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