World Bank study backs Murdoch's tax criticisms

SYDNEY, Nov 24 AAP - A global report by the World Bank reveals Australian companies have a higher tax burden than many of its regional competitors, including South Korea and Indonesia. The study, reported by the Australian Financial Review today, backs News Corporation chaiman Rupert Murdoch's...

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Bibliographic Details
Published inAAP Finance News Wire p. 1
Format Newsletter
LanguageEnglish
Published Sydney Australian Associated Press Pty Limited 24.11.2006
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Summary:SYDNEY, Nov 24 AAP - A global report by the World Bank reveals Australian companies have a higher tax burden than many of its regional competitors, including South Korea and Indonesia. The study, reported by the Australian Financial Review today, backs News Corporation chaiman Rupert Murdoch's claims that the nation was being "picked on very heavily" by taxes.