Rupert Murdoch's empire receives $882m tax rebate from Australia

Payment revealed by News Corp in US likely to reignite debate over how much tax is paid by international corporationsRupert Murdoch’s media group received a $882m tax rebate from Australia last year in a revelation that is likely to reignite the debate over how much tax is paid by international corporations.The payment by a “foreign tax authority” was revealed in accounts published by News Corporation in the US earlier this month and related to a $2bn claim by News Corp for historic losses on currency transactions by its Australian subsidiaries. Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2014-02-17 00:00:00 UTC ]

Other news stories related to: "Rupert Murdoch's empire receives $882m tax rebate from Australia"


Horsing around: King Charles’ visit gets hearts racing at News Corp but SMH falls short of royal treatment | The Weekly Beast

Daily Telegraph talks up chances Charles will attend the Everest. Plus: ABC splashes cash on redesignFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastWith King Charles and Queen Camilla arriving on Friday for the couple’s first... Continue reading at The Guardian

[ The Guardian | 2024-10-18 01:06:28 UTC ]
More news stories like this


The secret Succession battle for the Murdoch empire - podcast

Behind closed doors in a courtroom in Reno, Nevada, a high-stakes family business dispute has been unfolding. Rupert Murdoch is trying to change the terms of a longstanding family trust to give his favoured eldest son, Lachlan, full control of his media empire after his death.Associate professor... Continue reading at The Guardian

[ The Guardian | 2024-09-23 15:00:07 UTC ]
More news stories like this


In publicising Laura Tingle’s ‘counselling’, the ABC risks giving the bullies a victory | Margaret Simons

No matter what the national broadcaster does, News Corp and the Australian will keep gnawing at itThere are a few things we can assume the ABC board and executive know only too well.First, News Corporation, and the Australian newspaper in particular, will always attack the ABC. The reasons are a... Continue reading at The Guardian

[ The Guardian | 2024-05-31 15:00:11 UTC ]
More news stories like this


The Sun loses £66m amid costs from phone-hacking scandal

British arm of Rupert Murdoch’s News Corp empire reports near-£54m deficit due to TalkTV costsThe Sun lost £66m last year and its online audience dropped by 4 million readers as the newspaper continued to grapple with the fallout from the phone-hacking scandal.Total losses at the Murdoch-owned... Continue reading at The Guardian

[ The Guardian | 2024-04-09 14:02:36 UTC ]
More news stories like this


Telegraph and Spectator takeover: News Corp and Mail owner consider bids

Planned acquisition by UAE-backed RedBird IMI is being considered by the culture secretaryBusiness live – latest updatesMedia groups have reportedly shown fresh interest in a takeover of the Telegraph and Spectator alongside Redbird IMI, the UAE backed consortium.Bloomberg said Rupert Murdoch’s... Continue reading at The Guardian

[ The Guardian | 2024-03-12 14:46:36 UTC ]
More news stories like this


Rupert Murdoch, 92, to wed retired molecular biologist Elena Zhukova, 67

It will be the billionaire’s fifth wedding, five months after he stepped down from his News Corp media empireThe media mogul Rupert Murdoch is engaged for a sixth time, it emerged on Thursday, this time to Elena Zhukova, a retired scientist.Murdoch’s office announced that the 92-year-old is set... Continue reading at The Guardian

[ The Guardian | 2024-03-07 23:53:05 UTC ]
More news stories like this


Book Deals: Week of October 9, 2023

Journalist Claire Atkinson sells a bio of Rupert Murdoch to Grand Central, Saga buys an SF epic from TV writer Damien Ober, and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-10-06 04:00:00 UTC ]
More news stories like this


Kemi Badenoch failed to declare meeting with Rupert Murdoch

Business secretary privately met media mogul in apparent breach of ministerial code of conductKemi Badenoch failed to declare a meeting that she held with Rupert Murdoch days after she was appointed to the cabinet – in a breach of transparency rules.The business and trade secretary reacted... Continue reading at The Guardian

[ The Guardian | 2023-10-02 19:19:20 UTC ]
More news stories like this


The Fall: The End of the Murdoch Empire by Michael Wolff review – Succession without a sense of humour

No one emerges with much credit in Wolff’s second study of Rupert Murdoch and his family – a gossipy story of power and greed peppered with endless layers of psychological insightFifteen years ago, Michael Wolff wrote a study of Rupert Murdoch entitled The Man Who Owns the News. It benefited... Continue reading at The Guardian

[ The Guardian | 2023-10-02 06:00:06 UTC ]
More news stories like this


Murdoch brainwashed Britain. That’s the comforting tale the left tells itself. But is it true? | Gaby Hinsliff

The influence of News Corp is overstated – and politicians need to revamp their tactics and schmoozing accordingly‘What are you going to do about the Sun?” It was the first question Neil Kinnock asked, when a bunch of eager young political advisers setting up a now long-forgotten campaign for... Continue reading at The Guardian

[ The Guardian | 2023-09-24 07:32:16 UTC ]
More news stories like this


Coming up for heir: News Corp in uncharted waters with Lachlan Murdoch at the helm

Murdoch Jr does not have the same love for print as father Rupert but newspapers’ influence remains a drawcard for the new bossFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastLachlan Murdoch started his leadership... Continue reading at The Guardian

[ The Guardian | 2023-09-22 15:00:03 UTC ]
More news stories like this


The Great Unbundling of Rupert Murdoch

Buying (and burying) Myspace, beefing up Fox News, lighting media dumpster fires—the longtime News Corp head shaped cultural conversations. With his exit, that era can end. Continue reading at Wired

[ Wired | 2023-09-21 19:10:21 UTC ]
More news stories like this


News Corp profits dive 75% as Rupert Murdoch-owned company hints at AI future

Poor result weighed down by lower print and digital advertising at News Corp Australia, a division that includes flagship newspaper The AustralianRupert Murdoch’s News Corporation has recorded a steep 75% drop in full-year profit but sees opportunities ahead as it expands the use of cost-saving... Continue reading at The Guardian

[ The Guardian | 2023-08-11 00:14:07 UTC ]
More news stories like this


Prince Harry does not blame queen for alleged deal with Murdoch press, court hears

Duke of Sussex has alleged royal family agreed not to sue newspaper publisher in return for an apology and settlementPrince Harry does not blame Queen Elizabeth II for backing an alleged secret phone-hacking deal between the royal family and Rupert Murdoch’s newspapers, the high court has... Continue reading at The Guardian

[ The Guardian | 2023-04-26 14:40:32 UTC ]
More news stories like this


ABC thumbs its nose at News Corp and Acma with rerun of Fox and the Big Lie | Weekly Beast

Revamped Sarah Ferguson documentary to air on Four Corners after initial version sparked complaints. Plus: the Australian’s own goalFollow our Australia news live blog for the latest updatesGet our morning and afternoon news emails, free app or daily news podcastHours before Lachlan Murdoch... Continue reading at The Guardian

[ The Guardian | 2023-04-21 04:27:06 UTC ]
More news stories like this


Stunning Rupert Murdoch deposition leaves Fox News in a world of trouble

Media mogul’s admission in Dominion Systems election case that he let cable network broadcast falsehoods stuns observersIn his 71 years as a media executive, Rupert Murdoch has proved himself to be a grand master in the arts of survival. He has weathered bruising battles with British trade... Continue reading at The Guardian

[ The Guardian | 2023-02-28 21:09:35 UTC ]
More news stories like this


News Corp cuts driven by Murdoch’s mission to prop up news assets

Weeks after Fox merger scrapped investors say market value languishing because of underperforming businesses in portfolioThe shrinking of Rupert Murdoch’s News Corporation by 1,250 roles after a plunge in profits of almost a third serves as a stark reminder that the billionaire mogul’s abortive... Continue reading at The Guardian

[ The Guardian | 2023-02-10 16:37:18 UTC ]
More news stories like this


Rupert Murdoch Backtracks on Plan to Merge Fox and News Corp

News Corp, one of his companies, said Rupert Murdoch had determined that a merger was “not optimal for shareholders of News Corp and Fox at this time.” Continue reading at The New York Times

[ The New York Times | 2023-01-25 00:02:52 UTC ]
More news stories like this


Lachlan Murdoch alleges Crikey hired marketing firm to turn legal threat into subscription drive

News Corp co-chair’s lawyer tells federal court she intends to show Crikey did not republish article for public interest reasonsFollow our Australia news live blog for the latest updatesGet our morning and afternoon news emails, free app or daily news podcastCrikey hired a marketing company to... Continue reading at The Guardian

[ The Guardian | 2022-11-30 06:29:17 UTC ]
More news stories like this


The Australian’s editor Chris Dore lost his job after attending News Corp event in California

Exclusive: Key Murdoch editor was at Wall Street Journal Tech Live event at Laguna Beach last month along with top News Corp executivesFollow our Australia news live blog for the latest updatesGet our morning and afternoon news emails, free app or daily news podcastChristopher Dore lost his job... Continue reading at The Guardian

[ The Guardian | 2022-11-18 07:59:05 UTC ]
More news stories like this