How companies like Ikea avoid paying tax.

That's a tax rate of about 3 percent. 

Treasurer Joe Hockey has discussed an increasing the GST as well as broadening it to include basic food items, medical, education and childcare. Meanwhile large corporations such as IKEA exploit every tax loophole and pay as little as 1 percent tax. 

If the government wants to bring the federal budget back into balance it should target those who can afford it. The company tax rate in Australia is 30 percent. That's what companies should pay, no more, no less. 

The government tries to increase taxes and cut funding to education, health and welfare while proposing tax cuts for companies and allowing them to exploit these tax loopholes to maximise their profits. 

Australian Corporations Avoid Paying Tax.

How much tax did you pay on average from 2003-2013? That's none of my business is it?

I bet it's not as much as say Bunnings (BWP Trust) payed. A company that earned an average of $51,262,000 in pre tax profit p.a. Guess again. They paid $0. That's right, nothing.

What about Envestra Limited (A large Australian energy company). They earned on average $54,976,000 in pre tax profit p.a. They paid $0 also.

James Hardie? Nope, you paid more than them also. They earned on average $203,663,000 in pre tax profit p.a. but paid $0 tax.

You're probably thinking, "That can't be right." But it is happening. The 'system' has loopholes that allow this to happen. Loopholes that are designed to benefit the rich at our expense. The system needs to be changed.

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Source - http://bit.ly/taxshort