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14:17
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Originally posted by Wazza3006
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I only started this thread because I didn't want to highjack any others. There has been a lot of talk about overseas and Australian companies shifting profits offshore to avoid tax in Australia or setting up in low company tax countries. There is a consenus, led by Hockey I believe, that it is difficult to manage unless all overseas countries are of a like mind.
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How would that work when you compare say a supermarket that has a high turnover but low profit margins to a business that has very high profit margins but lower turnover?
