This article from the Canberra Times is worth a read. Check it out!

via Cost-benefit analysis puts corporate tax avoidance in perspective.

As I read the article, I felt that the Canberra Times had understated the problem. Multi-nationals typically operate tax avoidance schemes on a global basis and in my view, it’s necessary to look at the problem from a global perspective, rather than as a national issue.

Also I question how hard governments will push ‘big-business’ for fear of upsetting them and losing their support? In Australia, for example, I believe that Tony Abbot is on familiar terms with the owners of the major mining companies?

Thoughts?