ATO boss Chris Jordan says tech companies are 'most aggressive' in profit shifting

By Nassim Khadem
Updated April 2 2015 - 8:13am, first published April 1 2015 - 4:47pm
'We're challenging the assertions that companies are making about Australia not having a taxing right', said Tax Commissioner Chris Jordan. Photo: Louie Douvis
'We're challenging the assertions that companies are making about Australia not having a taxing right', said Tax Commissioner Chris Jordan. Photo: Louie Douvis

Tax Commissioner Chris Jordan has pledged the Australian Taxation Office will beat a budget target of hitting $1.1 billion in revenue from multinationals by 2017, and says it expects to clock much of it by the end of the year through audits of technology companies.