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July 5th, 2008

“Crocodile Dundee” Actor Investigated on 2 Continents

Image details: The 46th Annual TV Week Logie Awards served by picapp.com
Paul Hogan, who rose to prominence in the 1980s as “Crocodile Dundee”, feels pretty important these days. He is being pursued by the Australian Tax Office and the Internal Revenue Service for moneys allegedly owed.
Hogan estimates that he has paid the ATO $100 […]

By Kelly -- 2 comments

May 29th, 2008

It’s My Party and I’ll Get Drunk (Cheaply) If I Want To

Australia is one of many countries taking aim at so-called “alcopops”, pre-mixed alcoholic drinks that tend to resemble sodas. Australia, like Germany before it, has imposed a tax increase on alcopops in an effort to decrease dangerous underage drinking. It is believed that underage drinkers tend to purchase more alcopops than older drinkers […]

By Kelly -- 3 comments

February 27th, 2008

Liechtenstein Inquiry Grows

The crackdown on tax evaders who depend on Liechtenstein in order to shield income has escalated.
Nine countries from the Organization for Economic and Co-operation Development (OECD), Britain, France, Italy, Spain, Canada, Sweden, the United States, Australia and New Zealand, have reportedly received and are examining information on Liechtenstein accounts from two banks. The Bundesnachrichtendienst […]

By Kelly -- 1 comment

December 10th, 2007

A Baby Tax in Australia?

Maybe those couples who want more than two babies should pay for it. After all, each extra baby consumes more carbon emissions - and thus resources - during lifetime, right?
Associate Professor Barry Walters thinks so. He believes that families should pay a $5000-plus “baby levy” at birth and an annual carbon tax of […]

By Kelly -- 13 comments