Australian Politics Forum - Chevron paid $240 tax on 1.7 billion revenue

Sir lastnail Gold Member Offline Australian Politics Posts: 30102 Gender:	Chevron paid $240 tax on 1.7 billion revenue Nov 10^th, 2015 at 7:49am And the dickheads in Canberra are trying to screw us for more GST
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John Smith Gold Member Offline Australian Politics Posts: 75207 Gender:	Re: Chevron paid $240 tax on 1.7 billion revenue Reply #1 - Nov 10^th, 2015 at 8:12am yes but the idiots from the libs will tell us it's for our own good
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Ex Dame Pansi Gold Member Offline Australian Politics Posts: 24168	Re: Chevron paid $240 tax on 1.7 billion revenue Reply #2 - Nov 10^th, 2015 at 8:24am BOTR!!!!!
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cods Gold Member Offline Australian Politics Posts: 88048	Re: Chevron paid $240 tax on 1.7 billion revenue Reply #3 - Nov 10^th, 2015 at 8:37am tell us where the laborites will get all the money they will need.....dont tell us the rich...with mining going down they wont be that rich much longer?? then what when that cash cow is dead????>... who do you think is next in line???>.. ...btw how are your shares holding up??..
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Gnads Gold Member Offline Australian Politics Posts: 30065 Gender:	Re: Chevron paid $240 tax on 1.7 billion revenue Reply #4 - Nov 10^th, 2015 at 9:12am That sounds like a reasonable excuse for big mining not to pay its fair share of tax Cods Defending the indefensible. Typical Tory.
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Sun Tzu Gold Member Offline Australian Politics Posts: 1148 Gender:	Re: Chevron paid $240 tax on 1.7 billion revenue Reply #5 - Nov 10^th, 2015 at 9:32am Sir lastnail wrote on Nov 10^th, 2015 at 7:49am: And the dickheads in Canberra are trying to screw us for more GST They are probably seeking to give Chevron a billion dollar refund for next tax return.
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Bias_2012 Gold Member Offline Australian Politics Posts: 10766 Gender:	Re: Chevron paid $240 tax on 1.7 billion revenue Reply #6 - Nov 10^th, 2015 at 10:55am http://www.canberratimes.com.au/comment/tax-evasion-by-super-rich-hurts-every-australian-20141231-12gbd5.html
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Kytro Gold Member Offline Blasphemy: a victimless crime Posts: 3409 Adelaide Gender:	Re: Chevron paid $240 tax on 1.7 billion revenue Reply #7 - Nov 10^th, 2015 at 11:07am I thought the ATO were going after them
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Grappler Deep State Feller Gold Member Offline Australian Politics Posts: 85390 Always was always will be HOME Gender:	Re: Chevron paid $240 tax on 1.7 billion revenue Reply #8 - Nov 10^th, 2015 at 11:13am Bias_2012 wrote on Nov 10^th, 2015 at 10:55am: http://www.canberratimes.com.au/comment/tax-evasion-by-super-rich-hurts-every-au... Made it a link for ya....
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Grappler Deep State Feller

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Re: Chevron paid $240 tax on 1.7 billion revenue
Reply #9 - Nov 10^th, 2015 at 11:14am

Kytro wrote on Nov 10^th, 2015 at 11:07am:

I thought the ATO were going after them

There's theory and then there's talk. Takes a while to set up the dogs to track things down - though with virtually everything online now with the ATO I simply can't see why.

I suspect we are being kept in the dark.

the article below was good and shines the spotlight on where vast amounts are hidden.

I still say we need an 'entry tax' - you want to trade here, you pay a specified amount of tax on your gross earnings. Your issues with offshore tax haven governments and home company are your own concern.

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« Last Edit: Nov 10^th, 2015 at 11:24am by Grappler Deep State Feller »

“Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passion, they cannot alter the state of facts and evidence.”
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Kytro

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Re: Chevron paid $240 tax on 1.7 billion revenue
Reply #10 - Nov 10^th, 2015 at 11:16am

Grappler Deep State Feller wrote on Nov 10^th, 2015 at 11:14am:

Kytro wrote on Nov 10^th, 2015 at 11:07am:

I thought the ATO were going after them

There's theory and then there's talk. Takes a while to set up the dogs to track things down - though with virtually everything online now with the ATO I simply can't see why.

I suspect we are being kept in the dark.

http://www.smh.com.au/business/the-economy/chevron-loses-longrunning-battle-with...

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Grappler Deep State Feller

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Re: Chevron paid $240 tax on 1.7 billion revenue
Reply #11 - Nov 10^th, 2015 at 11:28am

"The ATO said Chevron used a series of loans and related-party payments worth billions of dollars to slash its tax bill by up to $258 million."

That's the game - and Joe Hockey said he would be working on sorting that kind of thing out.

It's like saying you shouldn't pay part of your income tax because some of the money used to set up your home was borrowed from your missus or your uncle or your father or you cousin twice removed who is also your wife...........

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“Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passion, they cannot alter the state of facts and evidence.”
― John Adams

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Gnads Gold Member Offline Australian Politics Posts: 30065 Gender:	Re: Chevron paid $240 tax on 1.7 billion revenue Reply #12 - Nov 10^th, 2015 at 11:37am Kytro wrote on Nov 10^th, 2015 at 11:07am: I thought the ATO were going after them Their record of success hasn't been real good with going after the filthy rich If I recall they went after Kerry Packer and he won.
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Grappler Deep State Feller

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Re: Chevron paid $240 tax on 1.7 billion revenue
Reply #13 - Nov 10^th, 2015 at 11:48am

Gnads wrote on Nov 10^th, 2015 at 11:37am:

Kytro wrote on Nov 10^th, 2015 at 11:07am:

I thought the ATO were going after them

Their record of success hasn't been real good with going after the filthy rich

If I recall they went after Kerry Packer and he won.

Paper trail too complex. Things have improved a little since then and connections between companies in a group are more closely monitored. I think Bondie had a lot to do with that.

Next time you fill out your tax return, you don't even have to have anything in front of you - the ATO computers will just fill it all in for you. I do it every year since I have only a limited taxable income. The joys of Big Brother. they've got it for the tiddlers like us, but not for the big fish it seems.

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“Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passion, they cannot alter the state of facts and evidence.”
― John Adams

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Sir lastnail

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Re: Chevron paid $240 tax on 1.7 billion revenue
Reply #14 - Nov 10^th, 2015 at 1:05pm

Grappler Deep State Feller wrote on Nov 10^th, 2015 at 11:28am:

"The ATO said Chevron used a series of loans and related-party payments worth billions of dollars to slash its tax bill by up to $258 million."

That's the game - and Joe Hockey said he would be working on sorting that kind of thing out.

It's like saying you shouldn't pay part of your income tax because some of the money used to set up your home was borrowed from your missus or your uncle or your father or you cousin twice removed who is also your wife...........

Joe was too busy making sure that we all pay GST on ALL online sales to be worried about the likes of Chevron Sad

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In August 2021, Newcastle Coroner Karen Dilks recorded that Lisa Shaw had died “due to complications of an AstraZeneca COVID vaccination”.

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