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ATO knocks out $40b in resources write-offs (thanks to Chevron win)

The Australian Taxation Office has knocked out about $40 billion in interest deductions by resources giants, boosting the tax take from oil and gas firms following a landmark legal case involving energy company Chevron. ....

United States , Bob Deutsch , Australian Petroleum Production , Chevron Funding Corporation , Petroleum Resource Rent Tax , Exploration Association , Funding Corporation , Chevron Australia , Australian Financial Review ,

ATO wins $12b by curbing tax avoidance of 'drug cheat' multinationals

Tax commissioner Chris Jordan said stamping out the practice, rather than repeatedly cracking down on it, has forced them to pay billions of dollars more. ....

United States , Anthony Albanese , Chevron Funding Corporation , Rio Tinto , Prime Minister Anthony Albanese , Senate Estimates , Chevron Australia , North West Shelf ,