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BHP tax arrangements revealed in Senate inquiry

Details of BHP's tax arrangements have been revealed in answers provided to the Senate Inquiry on corporate tax avoidance, initiated by Greens Leader Christine Milne.

"It's shocking but not surprising that BHP is paying next to zero tax on billions worth of profits," said Senator Milne.

"No one believes this kind of behaviour is limited to BHP. The big corporates are ripping us off and successive Liberal and Labor governments have let them get away with it.

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Greens push to name, shame tax-dodging corporations

The Greens have released a discussion paper of policies to crack down on tax avoidance by multinational corporations, which is costing our federal budget billions.

"We cannot tax what we cannot see. Both the public and the parliament have a right to know which companies are dodging their taxes," said Greens Leader Christine Milne.

"Joe Hockey is all talk about international cooperation some time in the future, but the Australian community can't afford to wait. Another Hockey budget is only three weeks away.

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Corporate tax avoidance endemic: billions lost to the big end of town

At the conclusion of three days of hearings in the Senate corporate tax avoidance inquiry, Greens Leader Christine Milne says it is clear that tax avoidance by big business in Australia is endemic and that immediate steps must be taken to prevent further billions in tax being lost to the big end of town.

"Corporate tax avoidance in Australia is endemic. Big business is taking us all for a ride. We need more transparency, not more secrets," Greens Leader Christine Milne said.

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Corporations to front up on tax evasion: Inquiry

With reports today that 10 companies together channelled more than $30 billion out of Australia in a single financial year, Australian Greens Leader Christine Milne says her Senate Inquiry into corporate tax avoidance couldn't start soon enough.

"It's time to make sure that as a nation we've got the money we need for health, for education and to look after our environment, rather than see these multinational corporations organise themselves to rip off Australia," said Senator Milne.

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Super concessions policy ready now: $10 billion from Greens

An independent costing requested by the Australian Greens and prepared by the Parliamentary Budget Office shows reducing superannuation tax concessions for the most wealthy would raise $10.16 billion dollars over four years.

"Government advisers have suggested it in the tax white paper, Labor says they'll support it and the Greens have got a costed policy that's ready to go. This would remove a tax haven and reduce the wealth gap between rich and poor, which would be a really great thing for Australians," said Greens Leader Christine Milne.

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Tax reform an opportunity to act on climate, inequality

The Greens say any change to Australia's tax system must be progressive, correcting rising inequality and acting on global warming.

"The whole point of tax is to raise the revenue we need to pay for the Australian society we want: caring, innovative, healthy, and protected from the impacts of global warming" said Greens Leader Christine Milne.

"That means ending taxpayer support of polluting fossil fuels; it means actually collecting the tax owed by corporate Australia and multi-nationals, and it means closing tax loopholes for the richest among us.

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Greens offer to shift company tax burden

With ongoing confusion about Coalition leadership and the government's position on company tax and a big business levy, the Greens are prepared to consider a two-tiered company tax system, combined with stronger anti-avoidance measures.

"Business wants certainty and there's none to be found in the Liberal leadership. Regardless of who leads the government they have an opportunity to restructure company tax to make the big end of town pay its way," Greens Leader Christine Milne said.

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Senate calls for Liberals to take fresh approach to budget

The Senate has this afternoon endorsed a Greens motion that calls on Treasurer Joe Hockey to raise revenue from the big end of town instead of imposing cuts on Australians who can least afford it.

"The Liberals have been running a protection racket for big business, at the expense of the community. That's why their government is failing," said Greens Leader Christine Milne.

"Whatever happens with their leadership in the coming weeks, I just hope the Liberals learn that they can't keep using government to protect tax avoiders at the big end of town.

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Greens say big business leaners should pay more, not ordinary Australians

Australian Greens Leader Christine Milne says a campaign by big business to be released from paying a 1.5% levy is ridiculous while the Liberals push ahead with their cruel cuts to people who can least afford to pay.

"If the Liberals had really listened and turned over a new leaf, they would be raising revenue from the big end of town instead of the poor, the sick and students," said Senator Milne.

"The Liberals should rule out proceeding with a tax cut to big business. They are the leaners in Australia and should pay more. They don't deserve a tax cut. "

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