Australia loses almost $8b a year from multinational profit-shifting

By Nassim Khadem
Updated March 24 2017 - 12:18am, first published March 23 2017 - 7:31pm

Profit shifting by multinationals results in a $US500 billion ($653 billion) annual loss to the global economy, of which about $US6.1 billion worth of revenue is leaked from Australia, new TJN research shows.

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