Andrew Leigh 2022

The Hon Dr Andrew Leigh MP
Assistant Minister for Competition, Charities and Treasury, Assistant Minister for Employment

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The Hon Dr Andrew Leigh MP
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Assistant Minister for Competition, Charities and Treasury, Assistant Minister for Employment

Opinion piece: A race to the top on innovation, not a race to the bottom on tax compliance

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Pharmaceutical company AbbVie make the world’s best-selling arthritis medication. They also specialise in causing pain for tax administrators. In 2020, the Chicago-headquartered company made 75 per cent of its sales in the United States, yet only 1 per cent of their income was reported in the United States for tax purposes.