New way of taxing could be inbound for digital giants such as Google, Facebook and Uber.
A proposed levy on the profits of international businesses has won support from crucial crossbenchers in the Australian senate.
The move means there could be a possible vote within weeks on an economic policy worth billions.
Treasurer Scott Morrison confirmed tax targeting of the world’s most popular and profitable companies is inevitable.
However a long-term efficient tax system will need to be global, with the corporation of groups such as the G20.
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