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BHP won't move Singapore marketing hub even if Australia cuts tax – CEO

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DIVERSIFIED MINER
BHP Billiton will not move its low tax-paying Singapore marketing hub even if Australia goes ahead with plans to cut corporate taxes, CE Andrew Mackenzie said on Thursday. BHP's Singapore office is the focus of a long-running fight with Australia's tax office, which argues the company is shifting profit to Singapore on the sales of its mostly Australian products to minimise tax.
 
 
 
 
 

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