Rupert Murdoch’s Empire Receives $882 Million Tax Rebate from Australia

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By: Martin Farrer | The Guardian

Rupert Murdoch’s media group received a $882m tax rebate from Australia last year in a revelation that is likely to reignite the debate over how much tax is paid by international corporations.

The payment by a “foreign tax authority” was revealed in accounts published by News Corporation in the US earlier this month and related to a $2bn claim by News Corp for historic losses on currency transactions by its Australian subsidiaries.

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