Labor must not capitulate to Trump’s corporate tax haven plan
Labor must not capitulate to Trump’s corporate tax haven plan | Australian Greens Skip to main content Search Get Involved Join Donate Our plan Tax the 1% Tackle the cost of living Healthcare for all Fix the housing crisis Strong climate action Policy principles & aims Our team Federal MPs State/territory MPs Officeholders Media releases Take action Volunteer Donate Issues & campaigns Events Greens Shop Leave a bequest Our movement About the Greens Become a member Jobs Green Magazine All news Get Involved Join Donate Search Our plan Toggle Tax the 1% Tackle the cost of living Healthcare for all Fix the housing crisis Strong climate action Policy principles & aims Our team Toggle Federal MPs State/territory MPs Officeholders Media releases Take action Toggle Volunteer Donate Issues & campaigns Events Greens Shop Leave a bequest Our movement Toggle About the Greens Become a member Jobs Green Magazine All news Labor must not capitulate to Trump’s corporate tax haven plan 2025-06-27 The Greens have called on the Albanese Government to reaffirm their commitment to the global minimum tax agreement and use their position in the G20 to advocate for US companies to remain subject to the tax.
“Trump is trying to turn the US into a tax haven for his corporate mates, and we shouldn’t dance to his tune,” Greens Economic Justice spokesperson Senator Nick McKim said. “Labor needs to hold the line. One in three big corporations already pays zero tax in Australia.
That situation cannot be allowed to become even worse.” Last term, the Greens supported laws to implement part of the global minimum tax, aimed at stopping corporate giants from shifting profits offshore to dodge tax. “American companies no longer being subject to global minimum tax laws could have serious budget consequences for Australia.” “Labor must use their position at the G20 to call out this move by the US and defend the principle that big corporations should pay tax where they make their profits.” “This is about fairness.
It’s about whether governments run the country, or billionaire CEOs and the political cronies they bankroll.” Facebook for the Australian Greens YouTube for the Australian Greens X for the Australian Greens Instagram for the Australian Greens Bluesky for the Australian Greens Privacy Members website Your safety Contact us Our plan Tax the 1% Tackle the cost of living Healthcare for all Fix the housing crisis Strong climate action In your language 2025 policy platform Policy principles & aims Our team Federal MPs State/territory MPs Officeholders Federal portfolios Federal media releases Take action Volunteer Donate Issues & campaigns Upcoming events Greens Shop Leave a bequest Green Magazine All news Our movement About the Greens Become a member Jobs Members website State/territory parties Contact us The Greens acknowledge the Traditional Owners of country throughout Australia and recognise their continuing connection to land, waters and culture.
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