Despite $22bn promise, Adani has paid zero corporate tax in Australia and experts think it won’t ever pay a cent
https://www.theguardian.com/australia-news/2025/jul/29/adani-australia-corporate-tax-carmichael-coal-mine-abbot-point-queensland-ntwnfb
110 points · 8 comments · view on lemmy.world
8 Comments
FireWire400@lemmy.world · 20 pts · 1y
Is it just not possible to hold these companies accountable for anything?
NoneOfUrBusiness@fedia.io · 16 pts · 1y
It's possible, but you need politicians who aren't in their pockets. In other words, get pitchforkin'.
Outwit1294@lemmy.today · 13 pts · 1y
The problem is not the companies per se. It is the whole system designed by companies and politicians to benefit themselves.
SpicyLizards@reddthat.com · 15 pts · 1y
Absolute shocker. This has never happened before and is completely unexpected!
Deceptichum@quokk.au · 11 pts · 1y
KitKatKitCat@piefed.social · 5 pts · 1y
I'd argue it's working perfectly within the system that's been designed. It's a completely flawed system, but it works for corporations. Absolutely fucked for society though.
Lodespawn@aussie.zone · 8 pts · 1y
Just make a rule that a company will be taxed on its local revune assuming it made profits equal to it's most profitable "related party". Eg, Adani Ireland has 30% profit, then we assume Adani Australia's revenue includes 30% profit and we tax that.
quoll@lemmy.sdf.org · 6 pts · 1y
TheBat@lemmy.world · 4 pts · 1y
Salvo@aussie.zone · 2 pts · 1y
“Did you think we were going to pay $22billion in tax?”
“We paid $22billion to a lobbying firm who bribed the previous government MP with a pittance to pass legislation that is beneficial to us but detrimental to the Australian People and also the Environment.”
“Also, the lobbying firm is a subsidiary of ours so we can keep the money in the company”