This week, Tony Abbott’s government will lead the charge in the Australian Senate to repeal the controversial carbon pricing mechanism, which imposed an annual A$100 million ($94 million) cost on Qantas alone. Big business welcomes the move, but environmental groups fear it will leave Australia without an effective policy to deal with climate change.
Unlock this content.
The content you are trying to view is exclusive to our subscribers.
The country’s chancellor appears to have backtracked from previous pillar two scepticism; in other news, Donald Trump threatened Russia with 100% tariffs
The tax agency has increased compliance yield from wealthy individuals but cannot identify how much tax is paid by UK billionaires, the committee also claimed
Section 899 of the ‘one big beautiful’ bill would have spelled disaster for many international investors into the US, but following its shelving, attention turns to the fate of the OECD’s pillars
DLA Piper’s co-head of tax for the US and Latin America tells ITR about her fervent belief in equal access to the law, loving yoga, and paternal inspirations