tax
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Fossil Fuel Companies Got Billions In Bailouts, Fired Thousands of Workers Anyway
Fossil fuel companies made out like bandits from last year’s government bailout. Now, new data shows that big names in the industry laid off tens of thousands of workers last year while padding their bank accounts with public money.
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The Rules Around Claiming Laptops On Tax For 2020
When millions of Australians were forced to work from home at the beginning of this year, many rushed out to buy the items needed to carry out their jobs remotely, including laptops. With tax time lurking just around the corner, it’s time to start thinking about what can and can’t be claimed in 2020. Laptops…
![How Much Tax Facebook Pays In Australia [Updated]](https://gizmodo.com.au/wp-content/uploads/2019/08/zuckerberg.jpg?quality=75&w=400&h=225&crop=1)
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This Is How Little Tax Tech Companies Pay In Australia
Some of the biggest tech companies in the world have been known to shift profits around to minimise the amount of tax paid. The Australian Taxation Office (ATO) just released a report for the 2017/8 financial year, and while most companies appeared to be paying the full corporate tax rate, others paid a lot less.…
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Don’t Forget, The ATO Wants To Tax Your Crypto
The Australian Tax Office recently declared its intention to target crypto traders who are avoiding paying the proper amount of tax. This wasn’t a problem two years ago when crypto wasn’t recognised as a valid form of currency, but that changed towards the end of 2017. And this year the ATO is cracking down even…