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Post by High Priestess on Nov 16, 2015 5:42:52 GMT
Uber, Airbnb to be hauled before Senate inquiry into corporate tax avoidance www.smh.com.au/business/the-economy/uber-airbnb-to-be-hauled-before-senate-inquiry-into-corporate-tax-avoidance-20151116-gkztxn.html"Uber and Airbnb will be dragged before the Senate inquiry into corporate tax avoidance this week to face questions about tax structures that allow them to route profits through Netherlands and Ireland. Uber and Airbnb have already made submissions to the inquiry arguing they comply with Australian tax laws, and claiming that their Australian operations merely provide support services to parent companies based in the Netherlands and Ireland respectively. Labor senator Sam Dastyari, who was previously chairman of the inquiry (the new chair is Labor senator Chris Ketter) said both companies will be brought before the inquiry on Wednesday. Just because these companies are innovative doesn't mean we should allow them to have artificial structures designed to minimise their taxes. Initially only Uber was scheduled to appear. Now both Uber and Airbnb will be subject to questions about their tax arrangements during Wednesday's hearings in Sydney."
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