The Post, New Zealand: Is residential aged care giant Bupa skimping on tax?

The Post reports on the new research from CICTAR and the trade union E tū, looking at the reporting of public funding for aged care by government bodies and residential aged care providers and also focusing on a lack of transparency from large, privately-owned providers, specifically residential aged care giant Bupa, which has a low corporate income tax burden and receives millions of dollars in government funding, but is planning to cut staff hours.

CICTAR’s Ed Miller, who led the research is quoted:

“It should be up to taxpayers to decide if it is appropriate for a company that likely receives tens, if not hundreds of millions of dollars a year of government funding to engage in tax planning of this nature.

Greater transparency is needed to tell.”