A senior member of the Coalition has warned that corporate tax - TopicsExpress

A senior member of the Coalition has warned that corporate tax avoidance and the repatriation of profits overseas is the greatest financial challenge facing Australia. Liberal Senator Bill Heffernan, a confidant of Prime Minister Tony Abbott, said the government must secure the tax revenue base before spending on essential services is impacted. If youre willing to turn a blind eye to billions of dollars going out the door and offshore, youre doomed, he said.

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