Labor to support global push for minimum 15% tax rate on multinational corporations

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Labor to support global push for minimum 15% tax rate on multinational corporations
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Opposition backs OECD approach and says Australians pay more while ‘losing out on funds’ as multinationals avoid taxation

But last week, Scott Morrison gave an “ironclad guarantee” that the Coalition would not raise taxes in the next term of parliament if he wins on 21 May – which prompted the opposition to query whether the government remained committed to multinational tax avoidance.

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