Foreign companies that don't pay their fair share of tax could be forced to sell their Australian assets under a new federal government plan.Requirements on foreign investment applications will ensure multinational companies investing in Australia pay tax on what they earn here.Treasurer Scott Morrison says he will have powers to act if companies refuse to comply.Last year, Chevron lost long-running battle with ATO, faces multimillion-dollar tax bill.What are the influences of the new proposal for multinational companies?Will the Australia Gorvenment tighten Tax Audit on multinational companies?Here is the opinion of Anthony Li from Wise Figures.
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