Companies

Aug 27, 2014

How long can News Corp keep up the juggling act?

News Corp has been able to shelter its financial health thanks to some wily tax planning, but if the company is finally compelled to swing the axe, Amplify will be the first to go. Glenn Dyer and Paddy Manning report.

You won’t hear it from the honchos in Rupert Murdoch’s print empire, but the new News Corporation only turned a loss into a profit in 2013-14 by mining its store of fat and juicy tax losses in Australia, the United Kingdom and United States.

2 comments

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2 thoughts on “How long can News Corp keep up the juggling act?

  1. klewso

    What are they going to be singing next year?

  2. Bill Hilliger

    Hacking and slashing within News Corpse …let the fun begin sooner rather than later. Good news for all Australians and Australian democracy.

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