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Technically , they are trading companies making trading profits...

  1. curiouswon
    3,794 Posts.
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    31/08/17
    09:02
    Post #: 26884680
    Technically , they are trading companies making trading profits and so should be liable for company tax on profits - BUT I am expecting that they use various means to have that profit regarded as being earned in a no tax overseas jurisdiction and so do not pay any tax to Aust govt.
    NEA Price at posting: 59.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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