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Re: Latest news on Speedrail




"David Bromage" <dbromage@fang.omni.com.au> wrote in message news:vGdz5.9
> Tezza (tezza2000@dingoblue.net.au) wrote:

> Leighton Holdings is an Australian registered company. That means it pays
> Australian company tax. Ownership does not determine where taxes are paid.
>
> Where the profits go is another matter.

Bullshit accounting usually equals no profits equals no tax paid. The real
profits then go to the overseas owner.