Some tax deductions for the cost of managing tax affairs exceed $1 million, but high wealth individual\s can write off the expense in other ways.
Late last month, Denmark, France and Poland banned companies registered in tax havens from receiving government COVID-19 bailouts. Should Australia do the same?
The federal government has a number of tools to ensure multinational corporations pay the tax we want them to, says UNSW Business School's Professor Fiona Martin.
Anyone can use a discretionary trust but the beneficiaries of trusts are usually all part of the one family, writes Dale Boccabella.