Extremely Wealthy
Rupert Murdoch's US empire siphons $4.5b from Australian business virtually tax-free
Rupert Murdoch's media empire in the US has siphoned off $4.5 billion of cash and shares from his Australian media businesses in the past two years, virtually tax free. According to calculations by University of NSW accounting academic, Jeffrey Knapp, over the past 10 years, Mr Murdoch's companies here have…
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Click here to read the full story: South China Morning Post