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BHP demerger: Kiwis face tax bill

2015-04-28 19:51:12| Chemicals - Topix.net

A tax hit facing almost 13,000 New Zealand investors in Anglo-Australian mining giant BHP Billiton is a result of "illogical" treatment of corporate demergers. Photo / Thinkstock A tax hit facing almost 13,000 New Zealand investors in Anglo-Australian mining giant BHP Billiton is a result of "illogical" treatment of corporate demergers under this country's law, an analyst says.

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