says tax 'name and shame' off the cards - 17th August
that minimise the tax they pay in Australia are unlikely
to find themselves named and shamed, but they are
in the sights of the tax office.
report from a Senate inquiry on Monday is expected
to call on the government to reveal the names of corporations
that avoid paying tax in Australia.
Assistant Treasurer Josh Frydenberg says the government
won't be doing that because it's got the resources
to go after companies in other ways.
might suit (Labor senator Sam Dastyari's) political
purposes to go and scream the names of these particular
companies that he's after but it actually doesn't
suit Australia's purposes,' Mr Frydenberg told Sky
News on Monday.
Australian Tax Office is going after these companies.'
Joe Hockey also promised to introduce in September
more legislation cracking down on multinational tax
Dastyari, who chaired the inquiry, argued there was
a thirst for information within the community about
what companies were up to.
companies do care about their reputations and they
do care about their market share,' he told ABC TV.
some of the worst practices, I believe, puts a lot
more community pressure on these companies.'
senator Nick Xenophon, who was also on the inquiry
committee, said transparency was key.
the government comes up with, the Senate will be in
a much better position to consider that legislation
given the forensic look we've had at this whole issue,'
he told ABC radio.
Hockey said it was extraordinary for Senator Dastyari
to discuss committee recommendations with media outlets
before the report had been signed off by other senators.
is a very serious issue that goes to the heart of
the integrity of the entire Senate,' he told reporters,
accusing Senator Dastyari of trivialising the issue
by playing political games.
the senator denied speaking specifically about the
unreleased report's recommendations, insisting what
he said were his personal views.