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Major multinational port operator paid zero tax in Australia while raking in billions

Exclusive: DP World, part-owned by the Dubai government, may have ‘artificially reduced profits’, a new report claims

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DP World, one of Australia’s two largest port operators, has paid no tax in Australia despite generating revenue of more than $4.5bn over eight years.

A new report by the Centre for International Corporate Tax Accountability and Research (Cictar) says that DP World’s top Australian subsidiary may have “artificially reduced profits” to achieve the result.

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