CICTAR comments included in ABC report on increasing pressure on Labor to address multinational tax avoidance

As part of its election pitch on fighting multinational tax avoidance, Labor announces plans to tighten legal loopholes that allow big companies to shift profits offshore, as well as to introduce steps to increase transparency.

While the practices used by companies such as Uber and McDonalds are legal, Mr Ward said the "huge ability for companies to pay themselves money for the use of royalties, and lots of other kinds of transactions" was unfair.