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No plans to move Singapore marketing hub: BHP CEO

Published Thu, Feb 22, 2018 · 09:50 PM

Melbourne

BHP Billiton will not move its low tax-paying Singapore marketing hub even if Australia goes ahead with plans to cut corporate taxes, chief executive Andrew Mackenzie said on Thursday.

BHP's Singapore office is the focus of a long-running fight with Australia's tax office, which argues the company is shifting profit to Singapore on the sales of its mostly Australian products to minimise tax.

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