Our Submission to the Australian Senate Inquiry
Joint Submission of the Tax Justice Network –Australia (TJN) and the Make Exxon Pay Coalition
This submission to the Senate Standing Committee on Economics provides some new and deeper information on Exxon’s tax affairs in Australia, building on our initial submission. It examines Exxon Australia’s tax practices in Papua New Guinea (PNG); and examines Exxon’s global tax practices, including in New Zealand, the UK, and Exxon’s global web of tax haven subsidiaries.
Exxon in Australia operates and owns significant oil and gas operations. Exxon supplies fuel and motor products to dozens of 7-Eleven service stations across the country.
The clear conclusion of our research is that Exxon’s aggressive tax avoidance is not unique to Australia but a core part of the oil giant’s global practices. By allowing Exxon’s conduct in Australia to continue, Australian authorities are contributing to Exxon’s global tax avoidance