[forum456]

https://www.bnnbloomberg.ca/singtel-lose...-1.1697619

[debono]

https://www.bnnbloomberg.ca/singtel-lose...-1.1697619

So SingTel's shares will tumble down......?

[sgbuffett]

Jialat.
They invest and lost and still kena tax and obligated to pay high salaries to Aussie workers with min wages protection.

So smart our elites!

[klat]

No wonder STel dropped 2.5% yesterday. Insider dumped first?

[debono]

No wonder STel dropped 2.5% yesterday. Insider dumped first?

There ought to have inside info. and so we can see how it is dumped and loses it's market price, even when this news is not made known via the mass medias..

[Ernesto]

Has been going down quite a while,bit by bit.

[debono]

Has been going down quite a while,bit by bit.

I hope there are no more bad surprises, cos I am vested...

[hero]

aussie need the money to paid for the nuclear submarine

[lvlrsSTI]

https://www.bnnbloomberg.ca/singtel-lose...-1.1697619

Oops, Scythian (old nick was Sukhoi35) works at Optus in Melbourne, he complained about Singtel tax avoidance last year, remember? Did he blow the whistle? Is he still working there? He is very quiet on this news, why like that?

[SGSeniorCitizen1952]

This tax liability was never disclosed by Singtel in its 2001 acquisition !

[lvlrsSTI]

This tax liability was never disclosed by Singtel in its 2001 acquisition !

Many big companies like Google are doing this to avoid paying taxes in Australia, Australian Taxation Office has been targeting them for the past few years to force them pay back the taxes plus heavy penalties.

Since 2017, countries around the world signed agreements for tax data sharing.  130 countries and jurisdictions have joined a new two-pillar plan to reform international taxation rules and ensure that multinational enterprises pay a fair share of tax wherever they operate

[Ernesto]

I hope there are no more bad surprises, cos I am vested...

Now you know why our "main service provider" never been above $10 value though their business never die.Look at Netflix and thier Mio.
Look at Google search engine and their closed down search engine.What a difference!

[Sharexchange]

Got to fine how much?

[SGSeniorCitizen1952]

This tax liability was never disclosed by Singtel in its 2001 acquisition !

The Australian Tax Office had notified Singtel of the tax liability as far back as in 2001. 

[SGSeniorCitizen1952]

https://www.smh.com.au/business/companie...smgwr.html

So much for transparencies and good governance.

(2001 - 2016) Shareholders should be compensated.

[lvlrsSTI]

640 million is nothing to Singtel, however it’s 2021 profit is all gone.

https://www.singtel.com/about-us/media-c...n-for-FY21

[debono]

640 million is nothing to Singtel, however it’s 2021 profit is all gone.

https://www.singtel.com/about-us/media-c...n-for-FY21

It is a great blow to SingTel's investors........

[talky]

So SingTel's shares will tumble down......?

chartwise already down fr 26 11/21

[lvlrsSTI]

It is a great blow to SingTel's investors........

Share price will drop a bit then recover a few days later. Human beings tend to forget old news after a while. Not to worry lah.

[debono]

Share price will drop a bit then recover a few days later. Human beings tend to forget old news after a while. Not to worry lah.

Thanks for your consolation....I  will wait for it's rise again....

[talky]

Share price will drop a bit then recover a few days later. Human beings tend to forget old news after a while. Not to worry lah.

fib retracement hv gd support  at 61.8% ard  2.24

[lylcnn]

I guess SG should avoid investing into India and Australia such countries tax are dodgy and they invariably step into quick sand

[debono]

I guess SG should avoid investing into India and Australia such countries tax are dodgy and they invariably step into quick sand

Good advise, India and Aust. have different tax laws, with lots of trap to kill SingTel........

[Bigbluedot]

expect more div cut ...

[talky]

something is wrong w this pap govt

loss billions n billions on china n us investment

nol sold

sia now still not out of the woods

singtel once bluest spore blue chip now dying.

keepel n sembawang also blue blue chips  also no eye see

may need to change the ceo of spore becos  his 8 characters no more in harmony w coming 9 cycle starting 2024

[talky]

after nol sold to france co next yr profit.
during this covid virus crisis they make huge huge unprecedented profits fr nol

[pervertosan]

OZ dingos sure aim Asian companies..

[Scythian]

Singaporeans must be proud of SingTel , a govt linked telco honesty and reliability ..

PM Lee says Singapore abides by International law and the rule of law.

[Scythian]

So SingTel's shares will tumble down......?

Price will go up to show SingTel trusted CEO and management team operation.

Singaporeans are honest, and clean

No hanky panky

[Scythian]

Thanks for your consolation....I  will wait for it's rise again....

BHP went to court in 2017-2019 and lost too.

BHP claimed that their HQ paid Singapore corp tax of 2% while paying no tax to ATO for so many years.