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Hockey moves on diverted profits but gives no estimate of revenue

  • Written by: The Conversation
imageTreasurer Joe Hockey has announced a budget crackdown on tax avoidance by multinational companies.AAP/Lukas Coch

The budget will toughen anti-avoidance measures to crack down on the profit-shifting being undertaken by 30 multinational companies that have been identified by the Taxation Office.

It will also apply the GST to digital products and...

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