A taxing tale of two peak bodies.

 

In the SMH on 2 January, Michael West drew attention to the ways that two BCAs were treated differently. The Blind Citizens Australia (BCA) learned that it had been subject to federal government funding cuts. Another BCA, the Business Council of Australia, did much better. ‘Only a week earlier the government had backflipped on a proposed tax-avoidance reform entailing some $600 million in tax deductions that multinational companies could claim on interest on their debts in offshore subsidiaries.’ For the full story from Michael West see link below.  John Mendue

http://www.smh.com.au/business/a-taxing-tale-of-two-peak-bodies-20150101-12gcty.html

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John Laurence Menadue is the publisher of Pearls & Irritations. He has had a distinguished career both in the private sector and in the Public Service.

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