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New Zealand a 'key step' in Orica's $A900m tax avoidance scheme

Decision will cost Orica about $A36 million.

Hamish McNicol
Thu, 10 Dec 2015

Australian mining group Orica used its New Zealand businesses as a “key step” in a near-billion dollar tax-avoidance scheme as a way of “enhancing its reported profits over time,” an Australian judge has found.

This country’s role in the complicated arrangement was revealed earlier this week in

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Hamish McNicol
Thu, 10 Dec 2015
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New Zealand a 'key step' in Orica's $A900m tax avoidance scheme
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