Is there anything in the MRRT which prevents foreign state owned Australian mining operations selling ore at extremely low prices (to avoid mine profit and hence company tax and MRRT) to their other state owned value adding enterprises?
The way I see it if a foreign owned value adding manufacturing company buys cheap minerals from an associated entity in Australia to ensure the Australian based enterprise makes no profit and pays no tax then they can still sell the value added goods make a much greater overall profit for themselves.
Australian owned mining companies that don't own a vertical pathway to a manufacturing operation offshore like say for example the Chinese state does will be at a disadvantage to chinese owned mines in Australia would they not?
