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

John Menadue is the Founder of Pearls and Irritations and a board member. He was formerly the Editor-in-Chief. John was the Secretary of the Department of Prime Minister and Cabinet under Gough Whitlam and Malcolm Fraser, Ambassador to Japan, Secretary of the Department of Immigration and CEO of Qantas.