yup. I use to work in this area. I’ve heard many an idiot say to me in confidence that BHP pays no tax and is a cheat.... I slap my head and tell them they are actually our largest tax payer in Australia (generally each year). They look in shock as I explain it.
Its not just USA based entities avoiding tax, it’s most foreign tech and low margin businesses that do. Which is exactly why I don’t shop at ALDI, IKEA etc. Transfer price profits away effectively legally too. It’s a disgrace.
Is the AFL Coming After BHP?, page-13
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Last
$44.74 |
Change
1.380(3.18%) |
Mkt cap ! $227.0B | |||
| Open | High | Low | Value | Volume |
| $44.35 | $44.86 | $44.27 | $675.0M | 15.16M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 60000 | $44.71 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $44.75 | 3245 | 8 |
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| BHP (ASX) Chart |