The Latest Breaking News from CICTAR

Major multinational port operator paid zero tax in Australia while raking in billions

Exclusive: DP World, part-owned by the Dubai government, may have ‘artificially reduced profits’, a new report claims

The Guardian - AU · Oct 31, 2023

Study: Microsoft Avoids Paying Tax in Many Countries

Tech giant Microsoft has avoided billions in taxes in Britain, Australia and New Zealand, all countries where it has lucrative public sector contracts, because of its complex corporate structure, a study published Thursday claimed. The company, which insists it respects local laws and regulations everywhere it operates, was starving the…

Asharq Al-Awsat · Oct 13, 2022

Minimising tax is legal. A new report accuses Microsoft of doing it on a grand scale

Tech company Microsoft has been accused of hypocrisy, for winning huge government contracts but using aggressive methods to minimise the amount of tax it pays to support public services.

ABC News · Oct 12, 2022