northwest Codan how much tax did it pay in 2015/16? A bloody disgrace!
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australian electronic gold prospecting forum.com  |  Common interest forum.  |  General chat and discussion forum (Moderator: bugwhiskers)  |  Topic: Codan how much tax did it pay in 2015/16? A bloody disgrace! 0 Members and 1 Guest are viewing this topic. « previous next »
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Author Topic: Codan how much tax did it pay in 2015/16? A bloody disgrace!  (Read 257 times)
Doug
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« on: Saturday December 9 2017 14:39:45 AEDT PM »

A bloody disgrace!
                                 Total income          taxable income    Tax paid
CODAN LIMITED            151,688,351           26,929,708        989,458
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« Reply #1 on: Saturday December 9 2017 15:24:15 AEDT PM »

And yet I am forced to pay the full taxable amount on my pension.
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« Reply #2 on: Sunday December 10 2017 10:16:14 AEDT AM »

  
And yet I am forced to pay the full taxable amount on my pension.

Yes the pensioners and the PAYE taxpayers in Australia are carrying  the tax burden. How good would it be if PAYE taxpayers only paid  about 3% tax on their taxable income like Codan!! Codan is an Australian public company that should pay the full corporate tax rate on its ATO accessed taxable income! We also need to remember that this company manufactures many of its detectors in Malaysia where press freedom and free expression  is being  brutally suppressed by a gov led by a prime minister who has been accused of massive corruption. If this is not enough it has been reported that many workers in the Malaysian electronic industry  are slave laborers! Its about time that Codan acted like a good corporate Australian company and ceased manufacturing in Malaysia and paid its fair share of corporate tax!!!
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« Reply #3 on: Sunday December 10 2017 10:25:23 AEDT AM »

Deepening the Culture of Fear:The Criminalization of Peaceful Expression in Malaysia
Summary
Malaysia’s use of criminal laws to arrest, question, and prosecute individuals for peaceful speech and assembly has deepened in the year since Human Rights Watch published Creating a Culture of Fear: The Criminalization of Expression in Malaysia in October 2015.[1] The Malaysian authorities have moved forward with the prosecutions of many of those featured in that report, and continue to use the overly broad and vaguely worded criminal laws identified there to harass, arrest, and prosecute those critical of the government or of members of Malaysia’s royal families.
The Sedition Act and the Communications and Multimedia Act (CMA) remain the laws most frequently used against critical speech in Malaysia. Those criticizing the administration of Prime Minister Najib Razak or commenting on the government’s handling of a major corruption scandal have been particular targets. The long-running corruption scandal involving the government-owned investment fund 1 Malaysia Development Berhad (1MDB) has prompted calls from politicians, civil society activists, and commentators for Prime Minster Najib to resign from office. Rather than treating such statements as part of normal give-and-take in a democratic society, the Malaysian authorities have treated such speech as criminal, investigating those involved for sedition, “activity detrimental to parliamentary democracy,” and violations of the Communications and Multimedia Act.
  
link-https://www.hrw.org/report/2016/10/12/deepening-culture-fear/criminalization-peaceful-expression-malaysia
doug
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« Reply #4 on: Sunday December 10 2017 12:03:35 AEDT PM »

Codan was accessed as having a taxable income of $10,508,570 but paid NO tax in 2013/14.
 So in 2 years they paid less than 1 million dollars in tax on a taxable income of over 36 million dollars!!
A bloody disgrace!
doug
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australian electronic gold prospecting forum.com  |  Common interest forum.  |  General chat and discussion forum (Moderator: bugwhiskers)  |  Topic: Codan how much tax did it pay in 2015/16? A bloody disgrace! « previous next »
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