Australian Politics Forum - Crack Down On Top End Of Town First

mariacostel

Gold Member

Offline

Australian Politics

Posts: 7344
Sydney
Gender: female

Re: Crack Down On Top End Of Town First
Reply #15 - Dec 19^th, 2015 at 10:56am

Sir lastnail wrote on Dec 19^th, 2015 at 10:45am:

John Smith wrote on Dec 19^th, 2015 at 7:42am:

mariacostel wrote on Dec 19^th, 2015 at 7:39am:

And once again, there is no tax avoidance in these companies at all. If that were so, the ATO would be after them... and they arent.

it's all tax avoidance. The fact that it's legal is what people are upset about. Cheesy

forgive longloser. he likes to think that one day he will own one of these big tax avoiding companies Cheesy

We all know you never will. You lack any of the abilities, drive or desire to improve yourself from the minimum wage renter you currently are.

Back to top

IP Logged

cods

Gold Member

Offline

Australian Politics

Posts: 88048

Re: Crack Down On Top End Of Town First
Reply #16 - Dec 19^th, 2015 at 10:59am

mariacostel wrote on Dec 19^th, 2015 at 10:55am:

Bam wrote on Dec 19^th, 2015 at 10:04am:

mariacostel wrote on Dec 19^th, 2015 at 7:39am:

And once again, there is no tax avoidance in these companies at all. If that were so, the ATO would be after them... and they arent.

How can you post crap like this that is so utterly wrong? Are you trolling?
* Many of these companies are avoiding tax. Looks like you have tax avoidance and tax evasion mixed up again.
* Some of these companies are breaking the tax law, and the ATO are investigating some of them. The ATO would have more resources for compliance if the inept Abbott and numbskull Hockey hadn't slashed the ATO's compliance budget by tens of millions of dollars. Good decision, not!! Roll Eyes

mariacostel wrote on Dec 19^th, 2015 at 7:39am:

Apparently the ignorance that afflicts forum posters on here ...

Says the poster who doesn't seem to know the difference between tax avoidance and tax evasion. Grin

mariacostel wrote on Dec 19^th, 2015 at 7:39am:

... also afflicts the crossbench senators who appear to struggle with understanding the normally simple concept of PROFIT. Companies pay tax on PROFIT, not revenue.

Again, incorrect. Companies do not pay tax on profit. Companies pay tax on TAXABLE profit.

You had best refrain from posting further on this topic until you have mastered the basics of corporate taxation.

You are quite the economic retard. These companies are all acting legally[/b] otherwise they would be investigated. The reason people are upset is because like you, they are ignorant fools who think because a company has a revenue of $100M they would therefore automatically be paying $30M in tax.

Your misunderstanding of profit vs taxable profit is equally ignorant. 'profit' is a basic term of revenue minus costs. TAXABLE profit includes finance charges, previous losses and other associated legitimate costs associated with earning the profit. And 30% tax is paid by EVERY COMPANY on its taxable profit.

[b]You just hate companies.

THATS WHAT PEOPLE ARE CRANKY ABOUT.....

WHY ARE 600 COMPANIES MAKING MILLIONS OUT OF US AND NOT PAYING ANY TAX???>..

why do you think thats OK?.

we all know about profit and loss... an d if its managed right... its always a loss....

if they only pay $100 a week...... BUT NOTHING

is not acceptable.

Back to top

IP Logged

Sir lastnail

Gold Member

Offline

Australian Politics

Posts: 30099
Gender: male

Re: Crack Down On Top End Of Town First
Reply #17 - Dec 19^th, 2015 at 11:37am

mariacostel wrote on Dec 19^th, 2015 at 10:55am:

Bam wrote on Dec 19^th, 2015 at 10:04am:

mariacostel wrote on Dec 19^th, 2015 at 7:39am:

And once again, there is no tax avoidance in these companies at all. If that were so, the ATO would be after them... and they arent.

How can you post crap like this that is so utterly wrong? Are you trolling?
* Many of these companies are avoiding tax. Looks like you have tax avoidance and tax evasion mixed up again.
* Some of these companies are breaking the tax law, and the ATO are investigating some of them. The ATO would have more resources for compliance if the inept Abbott and numbskull Hockey hadn't slashed the ATO's compliance budget by tens of millions of dollars. Good decision, not!! Roll Eyes

mariacostel wrote on Dec 19^th, 2015 at 7:39am:

Apparently the ignorance that afflicts forum posters on here ...

Says the poster who doesn't seem to know the difference between tax avoidance and tax evasion. Grin

mariacostel wrote on Dec 19^th, 2015 at 7:39am:

... also afflicts the crossbench senators who appear to struggle with understanding the normally simple concept of PROFIT. Companies pay tax on PROFIT, not revenue.

Again, incorrect. Companies do not pay tax on profit. Companies pay tax on TAXABLE profit.

You had best refrain from posting further on this topic until you have mastered the basics of corporate taxation.

You are quite the economic retard. These companies are all acting legally otherwise they would be investigated. The reason people are upset is because like you, they are ignorant fools who think because a company has a revenue of $100M they would therefore automatically be paying $30M in tax.

Your misunderstanding of profit vs taxable profit is equally ignorant. 'profit' is a basic term of revenue minus costs. TAXABLE profit includes finance charges, previous losses and other associated legitimate costs associated with earning the profit. And 30% tax is paid by EVERY COMPANY on its taxable profit.

You just hate companies.

Yes but they have ONE UNFAIR ADVANTAGE. They are able to organize deductions so their tax liabilities are negligible. This a privilege that most people don't have particularly PAYE's !!

Typically one of the scams is deducting interest payments on loans from another arm of the same company !!

Stop trying to sugar coat it !!

Back to top

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

IP Logged

Sir lastnail

Gold Member

Offline

Australian Politics

Posts: 30099
Gender: male

Re: Crack Down On Top End Of Town First
Reply #18 - Dec 19^th, 2015 at 11:39am

mariacostel wrote on Dec 19^th, 2015 at 10:56am:

Sir lastnail wrote on Dec 19^th, 2015 at 10:45am:

John Smith wrote on Dec 19^th, 2015 at 7:42am:

mariacostel wrote on Dec 19^th, 2015 at 7:39am:

And once again, there is no tax avoidance in these companies at all. If that were so, the ATO would be after them... and they arent.

it's all tax avoidance. The fact that it's legal is what people are upset about. Cheesy

forgive longloser. he likes to think that one day he will own one of these big tax avoiding companies Cheesy

We all know you never will. You lack any of the abilities, drive or desire to improve yourself from the minimum wage renter you currently are.

You're just another Walter Mitty fantasizing about running a successful business after the last failed attempt Cheesy

LOL

None of your businesses will ever amount to anything. You're just a one trick pony trying to recreate the past and it's just not happening for you Cheesy

LOL

Back to top

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

IP Logged

Baronvonrort

Gold Member

Offline

Australian Politics

Posts: 18749
Gender: male

Re: Crack Down On Top End Of Town First
Reply #19 - Dec 19^th, 2015 at 11:42am

John Smith wrote on Dec 19^th, 2015 at 7:42am:

mariacostel wrote on Dec 19^th, 2015 at 7:39am:

And once again, there is no tax avoidance in these companies at all. If that were so, the ATO would be after them... and they arent.

it's all tax avoidance. The fact that it's legal is what people are upset about. Cheesy

Tax avoidance is illegal.

As Kerry Packer said if you don't minimise your tax you need your head read.

Back to top

Leftists and the Ayatollahs have a lot in common when it comes to criticism of Islam, they don't tolerate it.

IP Logged

mariacostel

Gold Member

Offline

Australian Politics

Posts: 7344
Sydney
Gender: female

Re: Crack Down On Top End Of Town First
Reply #20 - Dec 19^th, 2015 at 11:42am

cods wrote on Dec 19^th, 2015 at 10:59am:

mariacostel wrote on Dec 19^th, 2015 at 10:55am:

Bam wrote on Dec 19^th, 2015 at 10:04am:

mariacostel wrote on Dec 19^th, 2015 at 7:39am:

And once again, there is no tax avoidance in these companies at all. If that were so, the ATO would be after them... and they arent.

How can you post crap like this that is so utterly wrong? Are you trolling?
* Many of these companies are avoiding tax. Looks like you have tax avoidance and tax evasion mixed up again.
* Some of these companies are breaking the tax law, and the ATO are investigating some of them. The ATO would have more resources for compliance if the inept Abbott and numbskull Hockey hadn't slashed the ATO's compliance budget by tens of millions of dollars. Good decision, not!! Roll Eyes

mariacostel wrote on Dec 19^th, 2015 at 7:39am:

Apparently the ignorance that afflicts forum posters on here ...

Says the poster who doesn't seem to know the difference between tax avoidance and tax evasion. Grin

mariacostel wrote on Dec 19^th, 2015 at 7:39am:

... also afflicts the crossbench senators who appear to struggle with understanding the normally simple concept of PROFIT. Companies pay tax on PROFIT, not revenue.

Again, incorrect. Companies do not pay tax on profit. Companies pay tax on TAXABLE profit.

You had best refrain from posting further on this topic until you have mastered the basics of corporate taxation.

You are quite the economic retard. These companies are all acting legally[/b] otherwise they would be investigated. The reason people are upset is because like you, they are ignorant fools who think because a company has a revenue of $100M they would therefore automatically be paying $30M in tax.

Your misunderstanding of profit vs taxable profit is equally ignorant. 'profit' is a basic term of revenue minus costs. TAXABLE profit includes finance charges, previous losses and other associated legitimate costs associated with earning the profit. And 30% tax is paid by EVERY COMPANY on its taxable profit.

[b]You just hate companies.

THATS WHAT PEOPLE ARE CRANKY ABOUT.....

WHY ARE 600 COMPANIES MAKING MILLIONS OUT OF US AND NOT PAYING ANY TAX???>..

why do you think thats OK?.

we all know about profit and loss... an d if its managed right... its always a loss....

if they only pay $100 a week...... BUT NOTHING

is not acceptable.

You have zero idea of how companies operate. They are not 'making millions out of you'. Most of them dont sell YOU anything at all.

Back to top

IP Logged

Dnarever

Gold Member

Online

Australian Politics

Posts: 59183
Here
Gender: male

Re: Crack Down On Top End Of Town First
Reply #21 - Dec 19^th, 2015 at 11:47am

Baronvonrort wrote on Dec 19^th, 2015 at 11:42am:

John Smith wrote on Dec 19^th, 2015 at 7:42am:

mariacostel wrote on Dec 19^th, 2015 at 7:39am:

And once again, there is no tax avoidance in these companies at all. If that were so, the ATO would be after them... and they arent.

it's all tax avoidance. The fact that it's legal is what people are upset about. Cheesy

Tax avoidance is illegal.

As Kerry Packer said if you don't minimise your tax you need your head read.

There should be no such thing as tax minimisation - people and companies should pay their tax.

Tax minimisation is only legalised tax avoidance.

Back to top

IP Logged

Baronvonrort

Gold Member

Offline

Australian Politics

Posts: 18749
Gender: male

Re: Crack Down On Top End Of Town First
Reply #22 - Dec 19^th, 2015 at 11:54am

Dnarever wrote on Dec 19^th, 2015 at 11:47am:

Baronvonrort wrote on Dec 19^th, 2015 at 11:42am:

John Smith wrote on Dec 19^th, 2015 at 7:42am:

mariacostel wrote on Dec 19^th, 2015 at 7:39am:

And once again, there is no tax avoidance in these companies at all. If that were so, the ATO would be after them... and they arent.

it's all tax avoidance. The fact that it's legal is what people are upset about. Cheesy

Tax avoidance is illegal.

As Kerry Packer said if you don't minimise your tax you need your head read.

There should be no such thing as tax minimisation - people and companies should pay their tax.

Tax minimisation is only legalised tax avoidance.

Companies do pay their taxes otherwise people would end up on serious charges.

Back to top

Leftists and the Ayatollahs have a lot in common when it comes to criticism of Islam, they don't tolerate it.

IP Logged

Kiron22

Gold Member

Offline

Australian Politics

Posts: 896
Gender: male

Re: Crack Down On Top End Of Town First
Reply #23 - Dec 19^th, 2015 at 11:56am

mariacostel wrote on Dec 19^th, 2015 at 10:56am:

Sir lastnail wrote on Dec 19^th, 2015 at 10:45am:

John Smith wrote on Dec 19^th, 2015 at 7:42am:

mariacostel wrote on Dec 19^th, 2015 at 7:39am:

And once again, there is no tax avoidance in these companies at all. If that were so, the ATO would be after them... and they arent.

it's all tax avoidance. The fact that it's legal is what people are upset about. Cheesy

forgive longloser. he likes to think that one day he will own one of these big tax avoiding companies Cheesy

We all know you never will. You lack any of the abilities, drive or desire to improve yourself from the minimum wage renter you currently are.

What a nasty piece of work you are. Do you get wet from hating on working class people or something?

Back to top

IP Logged

Baronvonrort

Gold Member

Offline

Australian Politics

Posts: 18749
Gender: male

Re: Crack Down On Top End Of Town First
Reply #24 - Dec 19^th, 2015 at 11:57am

mariacostel wrote on Dec 19^th, 2015 at 11:42am:

cods wrote on Dec 19^th, 2015 at 10:59am:

mariacostel wrote on Dec 19^th, 2015 at 10:55am:

Bam wrote on Dec 19^th, 2015 at 10:04am:

mariacostel wrote on Dec 19^th, 2015 at 7:39am:

And once again, there is no tax avoidance in these companies at all. If that were so, the ATO would be after them... and they arent.

How can you post crap like this that is so utterly wrong? Are you trolling?
* Many of these companies are avoiding tax. Looks like you have tax avoidance and tax evasion mixed up again.
* Some of these companies are breaking the tax law, and the ATO are investigating some of them. The ATO would have more resources for compliance if the inept Abbott and numbskull Hockey hadn't slashed the ATO's compliance budget by tens of millions of dollars. Good decision, not!! Roll Eyes

mariacostel wrote on Dec 19^th, 2015 at 7:39am:

Apparently the ignorance that afflicts forum posters on here ...

Says the poster who doesn't seem to know the difference between tax avoidance and tax evasion. Grin

mariacostel wrote on Dec 19^th, 2015 at 7:39am:

... also afflicts the crossbench senators who appear to struggle with understanding the normally simple concept of PROFIT. Companies pay tax on PROFIT, not revenue.

Again, incorrect. Companies do not pay tax on profit. Companies pay tax on TAXABLE profit.

You had best refrain from posting further on this topic until you have mastered the basics of corporate taxation.

You are quite the economic retard. These companies are all acting legally[/b] otherwise they would be investigated. The reason people are upset is because like you, they are ignorant fools who think because a company has a revenue of $100M they would therefore automatically be paying $30M in tax.

Your misunderstanding of profit vs taxable profit is equally ignorant. 'profit' is a basic term of revenue minus costs. TAXABLE profit includes finance charges, previous losses and other associated legitimate costs associated with earning the profit. And 30% tax is paid by EVERY COMPANY on its taxable profit.

[b]You just hate companies.

THATS WHAT PEOPLE ARE CRANKY ABOUT.....

WHY ARE 600 COMPANIES MAKING MILLIONS OUT OF US AND NOT PAYING ANY TAX???>..

why do you think thats OK?.

we all know about profit and loss... an d if its managed right... its always a loss....

if they only pay $100 a week...... BUT NOTHING

is not acceptable.

You have zero idea of how companies operate. They are not 'making millions out of you'. Most of them dont sell YOU anything at all.

These people think it should be forbidden for a company to spend their profits expanding their business at great cost.

Expansion is a god thing it creates more jobs therefore more taxpayers.

In the case of Qantas they also appear to be rather ignorant about claiming depreciation on tax which is allowed.

Back to top

Leftists and the Ayatollahs have a lot in common when it comes to criticism of Islam, they don't tolerate it.

IP Logged

Dnarever Gold Member Online Australian Politics Posts: 59183 Here Gender:	Re: Crack Down On Top End Of Town First Reply #25 - Dec 19^th, 2015 at 12:06pm Crack Down On Top End Of Town First For this government it is already 2 years too late for that.
Back to top	IP Logged

mariacostel

Gold Member

Offline

Australian Politics

Posts: 7344
Sydney
Gender: female

Re: Crack Down On Top End Of Town First
Reply #26 - Dec 19^th, 2015 at 12:13pm

Dnarever wrote on Dec 19^th, 2015 at 11:47am:

Baronvonrort wrote on Dec 19^th, 2015 at 11:42am:

John Smith wrote on Dec 19^th, 2015 at 7:42am:

mariacostel wrote on Dec 19^th, 2015 at 7:39am:

And once again, there is no tax avoidance in these companies at all. If that were so, the ATO would be after them... and they arent.

it's all tax avoidance. The fact that it's legal is what people are upset about. Cheesy

Tax avoidance is illegal.

As Kerry Packer said if you don't minimise your tax you need your head read.

There should be no such thing as tax minimisation - people and companies should pay their tax.

Tax minimisation is only legalised tax avoidance.

There should be no such thing as discounts on products and sales should be banned.

OF COURSE people and companies shoudl seek to minimise thier tax. Only a fool (ie you) would do otherwishe./

Back to top

IP Logged

mariacostel

Gold Member

Offline

Australian Politics

Posts: 7344
Sydney
Gender: female

Re: Crack Down On Top End Of Town First
Reply #27 - Dec 19^th, 2015 at 12:14pm

Baronvonrort wrote on Dec 19^th, 2015 at 11:57am:

mariacostel wrote on Dec 19^th, 2015 at 11:42am:

cods wrote on Dec 19^th, 2015 at 10:59am:

mariacostel wrote on Dec 19^th, 2015 at 10:55am:

Bam wrote on Dec 19^th, 2015 at 10:04am:

mariacostel wrote on Dec 19^th, 2015 at 7:39am:

And once again, there is no tax avoidance in these companies at all. If that were so, the ATO would be after them... and they arent.

How can you post crap like this that is so utterly wrong? Are you trolling?
* Many of these companies are avoiding tax. Looks like you have tax avoidance and tax evasion mixed up again.
* Some of these companies are breaking the tax law, and the ATO are investigating some of them. The ATO would have more resources for compliance if the inept Abbott and numbskull Hockey hadn't slashed the ATO's compliance budget by tens of millions of dollars. Good decision, not!! Roll Eyes

mariacostel wrote on Dec 19^th, 2015 at 7:39am:

Apparently the ignorance that afflicts forum posters on here ...

Says the poster who doesn't seem to know the difference between tax avoidance and tax evasion. Grin

mariacostel wrote on Dec 19^th, 2015 at 7:39am:

... also afflicts the crossbench senators who appear to struggle with understanding the normally simple concept of PROFIT. Companies pay tax on PROFIT, not revenue.

Again, incorrect. Companies do not pay tax on profit. Companies pay tax on TAXABLE profit.

You had best refrain from posting further on this topic until you have mastered the basics of corporate taxation.

You are quite the economic retard. These companies are all acting legally[/b] otherwise they would be investigated. The reason people are upset is because like you, they are ignorant fools who think because a company has a revenue of $100M they would therefore automatically be paying $30M in tax.

Your misunderstanding of profit vs taxable profit is equally ignorant. 'profit' is a basic term of revenue minus costs. TAXABLE profit includes finance charges, previous losses and other associated legitimate costs associated with earning the profit. And 30% tax is paid by EVERY COMPANY on its taxable profit.

[b]You just hate companies.

THATS WHAT PEOPLE ARE CRANKY ABOUT.....

WHY ARE 600 COMPANIES MAKING MILLIONS OUT OF US AND NOT PAYING ANY TAX???>..

why do you think thats OK?.

we all know about profit and loss... an d if its managed right... its always a loss....

if they only pay $100 a week...... BUT NOTHING

is not acceptable.

You have zero idea of how companies operate. They are not 'making millions out of you'. Most of them dont sell YOU anything at all.

These people think it should be forbidden for a company to spend their profits expanding their business at great cost.

Expansion is a god thing it creates more jobs therefore more taxpayers.

In the case of Qantas they also appear to be rather ignorant about claiming depreciation on tax which is allowed.

While also ignoring the fact that a large portion of their loss was a TRADING loss.

Back to top

IP Logged

Bobby.

Gold Member

Online

Australian Politics

Posts: 106554
Melbourne
Gender: male

Re: Crack Down On Top End Of Town First
Reply #28 - Dec 19^th, 2015 at 12:25pm

Kiron22 wrote on Dec 19^th, 2015 at 11:56am:

mariacostel wrote on Dec 19^th, 2015 at 10:56am:

Sir lastnail wrote on Dec 19^th, 2015 at 10:45am:

John Smith wrote on Dec 19^th, 2015 at 7:42am:

mariacostel wrote on Dec 19^th, 2015 at 7:39am:

And once again, there is no tax avoidance in these companies at all. If that were so, the ATO would be after them... and they arent.

it's all tax avoidance. The fact that it's legal is what people are upset about. Cheesy

forgive longloser. he likes to think that one day he will own one of these big tax avoiding companies Cheesy

We all know you never will. You lack any of the abilities, drive or desire to improve yourself from the minimum wage renter you currently are.

What a nasty piece of work you are. Do you get wet from hating on working class people or something?

Yes - Maria is a nasty man -

the funny thing is that sir Nail is more successful than him -

Nail is an international businessman who drives a luxury car.

Back to top

IP Logged

mariacostel

Gold Member

Offline

Australian Politics

Posts: 7344
Sydney
Gender: female

Re: Crack Down On Top End Of Town First
Reply #29 - Dec 19^th, 2015 at 12:32pm

Sir lastnail wrote on Dec 19^th, 2015 at 11:37am:

mariacostel wrote on Dec 19^th, 2015 at 10:55am:

Bam wrote on Dec 19^th, 2015 at 10:04am:

mariacostel wrote on Dec 19^th, 2015 at 7:39am:

And once again, there is no tax avoidance in these companies at all. If that were so, the ATO would be after them... and they arent.

How can you post crap like this that is so utterly wrong? Are you trolling?
* Many of these companies are avoiding tax. Looks like you have tax avoidance and tax evasion mixed up again.
* Some of these companies are breaking the tax law, and the ATO are investigating some of them. The ATO would have more resources for compliance if the inept Abbott and numbskull Hockey hadn't slashed the ATO's compliance budget by tens of millions of dollars. Good decision, not!! Roll Eyes

mariacostel wrote on Dec 19^th, 2015 at 7:39am:

Apparently the ignorance that afflicts forum posters on here ...

Says the poster who doesn't seem to know the difference between tax avoidance and tax evasion. Grin

mariacostel wrote on Dec 19^th, 2015 at 7:39am:

... also afflicts the crossbench senators who appear to struggle with understanding the normally simple concept of PROFIT. Companies pay tax on PROFIT, not revenue.

Again, incorrect. Companies do not pay tax on profit. Companies pay tax on TAXABLE profit.

You had best refrain from posting further on this topic until you have mastered the basics of corporate taxation.

You are quite the economic retard. These companies are all acting legally otherwise they would be investigated. The reason people are upset is because like you, they are ignorant fools who think because a company has a revenue of $100M they would therefore automatically be paying $30M in tax.

Your misunderstanding of profit vs taxable profit is equally ignorant. 'profit' is a basic term of revenue minus costs. TAXABLE profit includes finance charges, previous losses and other associated legitimate costs associated with earning the profit. And 30% tax is paid by EVERY COMPANY on its taxable profit.

You just hate companies.

Yes but they have ONE UNFAIR ADVANTAGE. They are able to organize deductions so their tax liabilities are negligible. This a privilege that most people don't have particularly PAYE's !!

Typically one of the scams is deducting interest payments on loans from another arm of the same company !!

Stop trying to sugar coat it !!

You are wrong. PAYE have the same deductions as companies. If they are required to buy their own desk, computer, tools, contribute to power and water, they can claim it. If they have to borrow to buy their office equipment and rent their space, they can claim that too.

BUT NO ONE HAS TO, DO THEY?

Back to top

IP Logged