An honorable member of the Coffee Shop Has Just Posted the Following:
In "Who Pays for Our Common Wealth? Tax Practices of the ASX 200", a report published by Tax Justice Network Australia, Sinkieland has the highest number of "secrecy jurisdiction" subsidiaries in the world. At 561, the number is nearly twice that of its closest rivals such as Hong Kong and BVI. (Table 7 of the full report)
SingTel has 39 "secrecy jurisdiction" subsidiaries spread all over the world (Table 9)
Table 10 shows Sinkieland tops the list of secrecy jurisdiction with 72 companies utilizing it.
Table 14 reveals SingTel has avoided paying an average of 713.25 million AUD in tax to Australia annually.
The full report can be downloaded by clicking the following link:
http://taxjustice.org.au/wp-content/...ull-Report.pdf
Click here to view the whole thread at www.sammyboy.com.
30-09-2014, 11:10 AM
Keep it up Sinkieland! You are number 1 again and again
