Joe Hockey's 'Google tax' just a political slogan, experts say

By Nassim Khadem
Updated May 5 2015 - 12:10pm, first published April 20 2015 - 5:44pm
Wishful thinking?: Treasurer Joe Hockey is determined to get more tax out of multinationals engaged in profit-sharing.  Photo: Graham Denholm
Wishful thinking?: Treasurer Joe Hockey is determined to get more tax out of multinationals engaged in profit-sharing. Photo: Graham Denholm
Wishful thinking?: Treasurer Joe Hockey is determined to get more tax out of multinationals engaged in profit-sharing.  Photo: Graham Denholm
Wishful thinking?: Treasurer Joe Hockey is determined to get more tax out of multinationals engaged in profit-sharing. Photo: Graham Denholm
Wishful thinking?: Treasurer Joe Hockey is determined to get more tax out of multinationals engaged in profit-sharing.  Photo: Graham Denholm
Wishful thinking?: Treasurer Joe Hockey is determined to get more tax out of multinationals engaged in profit-sharing. Photo: Graham Denholm
Wishful thinking?: Treasurer Joe Hockey is determined to get more tax out of multinationals engaged in profit-sharing.  Photo: Graham Denholm
Wishful thinking?: Treasurer Joe Hockey is determined to get more tax out of multinationals engaged in profit-sharing. Photo: Graham Denholm

Treasurer Joe Hockey's plan to get more tax out of multinationals based on lessons from the UK's "Google tax" is just a political slogan, and might not end up in more revenue, tax experts say.