RE: Buyout14 Oct 2022 21:34
Is that actually true? If a UK-listed company transfers ownership of an Australian asset (ProspectOre) to another UK-listed company (for example), why would they pay tax in Australia?
Not saying that paying tax in UK is any better btw :) but I would hope a very good legal firm would be involved in minimizing any tax liability.
I was under the impression that ProspectOre is an Australian subsidiary of XTR , with the asset being the project not the company