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Politics

Poppy Johnston

Crackdown on multinational tax loopholes inches closer

Andrew Leigh Jim Chalmers Labor

Federal Labor is making progress on its promise to crack down on multinational tax loopholes. (Lukas Coch/AAP PHOTOS)

Multinationals could soon face tougher laws to stop them exploiting tax loopholes in Australia as the federal government's reform agenda takes shape.

Labor committed to crack down on multinational tax loopholes ahead of the election and the changes are now in draft legislation form.

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