Cable & Wireless wants $452 million refund from Australian Taxation Office

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Cable & Wireless wants $452 million refund from Australian Taxation Office

April 12 2015

UK-headquartered Cable & Wireless Communications (CWC) has lodged a claim with the Australian Tax Office (ATO) for a refund of almost A$500 billion in what it claims are illegal taxes on the treatment of share buy-backs during the company’s sale of Optus in 2001.

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