Business
JobKeeper should not be funding executive bonuses: ATO – The Australian Financial Review
Firms risk a public backlash and will seen as “exploiting” measures designed to safeguard jobs The Australian Financial Review CFO Live conference will be told.
This came while the retailer behind brands like Just Jeans and Dotti received at least $68.7 million in wage subsidies, chiefly from JobKeeper in Australia but also government payments in New Zealand and the United Kingdom.
“The quid pro quo in the communitys mind is that large corporates, in particular but not limited to those who accessed these schemes, will pay their share and improve their approach to tax,” Mr Hirschhorn will say.
“Yes, follow the tax law, but also follow the spirit of the law….
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