Ensuring profits are taxed in Australia

Learn more about new laws the Government has introduced to combat multinational tax avoidance.

$1.5 billion collected since July 2016
October 2017
ATO action has already collected over $1.5 billion from large multinational corporations.
 
Diverted Profits Tax
October 2017
From 1 July 2017, large multinational corporations that move undeclared profits overseas can be penalised with a tax of 40%.
 
New corporate tax laws
June 2017
The Government is introducing new laws, closing loopholes and ensuring profits are taxed here.
 
New corporate tax laws
$1.5 billion collected since July 2016
October 2017
ATO action has already collected over $1.5 billion from large multinational corporations.
Diverted Profits Tax
Diverted Profits Tax
October 2017
From 1 July 2017, large multinational corporations that move undeclared profits overseas can be penalised with a tax of 40%.
New Corporate Tax Laws
New Corporate Tax Laws
June 2017
The Government is introducing new laws, closing loopholes and ensuring profits are taxed here.
Tax Avoidance Taskforce
Tax Avoidance Taskforce
June 2017
The new taskforce and ATO action have already issued bills of $3.3 billion to large multinational corporations.