"I guess it's ok for the communist Chinese to decimate the Murray Darling..."
That's a different issue to the tax one that I have raised.
My point was that if the conditions of sale included a caveat to process the cotton in Australia, - which is something we have done very efficiently for a long time, - then the value added here would be taxed as normal here.
But if the cotton is exported raw, both the jobs and tax go with it. It just seems surprising to me that nobody seems very concerend about that, given the uproar that would follow any Australian company that tried to do something similar.
Suggestion? Make it a condition of sale that the cotton is processed here.
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