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Australian High Court Issues Final Judgement in BHP Billiton Singapore Marketing Hub Case

|Approved Changes|Australia
Australia

On 11 March 2020, the High Court of Australia issued the final judgment in the case BHP Billiton Limited v Commissioner of Taxation. The judgment confirms the ATO Commissioner's position that BHP Australia is taxable on its share of a Singapore marketing hub's profits from sales of commodities acquired from Australian subsidiaries of BHP UK as well as those acquired from Australian subsidiarie…

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