Google and Netflix tipped to be in crosshairs when Senate Tax Inquiry hands down report

August 18, 2015 11:30

Chairman of the committee Senator Dastyari

Online giants including Google, Apple and Netflix are expected to be the targets of the Senate Tax Inquiry report, which is finally expected to be tabled in Parliament this afternoon.

The interim report which is expected to summarise the Committee’s April hearings was meant to be tabled yesterday but was delayed after a copy of the it was leaked to Sevens’ Sunday Night current affairs program.

It is understood it will make a series of preliminary recommendations focussing on both transfer pricing and profit shifting, areas that the likes of Google and Apple have faced criticism over because of the way they funnel cash from Australian transactions through low tax jurisdictions, such as Singapore.

Be a member to keep reading

Join Mumbrella Pro to access the Mumbrella archive and read our premium analysis of everything under the media and marketing umbrella.

Become a member

Nic Christensen

Nic Christensen worked for Mumbrella from 2013 to 2016, in roles including deputy editor and media & technology editor. He is former media writer for The Australian and has also worked as a reporter for The Daily Telegraph and senior producer for Radio 2GB.

Topics