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Landry welcomes crackdown on taxing mining industry

CAPRICORNIA MP Michelle Landry has applauded a move to block fly-in, fly-out city workers from claiming the zone tax offset meant for people who genuinely live in remote areas.

Ms Landry said until now FIFO workers temporarily fly into places like Collinsville and further west for rostered mine work without actually living permanently in the area.

Treasurer Joe Hockey last night announced that the scheme would now be amended so that the zone tax rebate was only available to those who have genuinely reside in specified remote areas.

"This is a welcome change making it fairer for people who live in very remote places permanently with their families. These are the people who have their kids at school, use the local shops and support small businesses and sporting clubs," Ms Landry said.

"Other people who simply fly-in and fly-out from capital city areas contribute nothing to our regional communities and shouldn't be getting the benefit of a zone tax rebate."

Ms Landry also applauded a crackdown on large multinational companies, which seek to pay minimal tax in Australia, while channelling huge profits overseas.

"Instead of forcing new taxes on ordinary Central Queenslanders, the government wants companies who may be avoiding tax to pay their fair share," Ms Landry said.

Under a new Multinational Anti-Avoidance Law, when Australia catches companies cheating they will now pay double the tax they owe, plus interest.

"People in Central Queensland often tell me they are sick of huge companies getting away with minimizing the tax they should be paying here. To begin with the government will be targeting 30 large multinational companies currently under investigation by the Australian Tax Office," she said.
 

Topics:  federal budget 2015 michelle landry mining tax



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