We should offer Multinationals an option of a flat 10% corporate tax on revenue alternative ; otherwise they should be required to demonstrate that they are not involved in Transfer Pricing, Debt Loading, Cashboxing or other forms of aggressive Aussie tax avoidance. It would seem convenient for a multinational to simply fill out one A4 tax return sheet,avoid any GST component
and floors of tax accountants/tax lawyers not too mention millions of consultancy fees to the big 4 multinational tax accountants.
