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Elizabeth Holmes' Fraud Trial Begins + The $500M Property

The Young Investors Podcast

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Is It Easy for Business to Move Overseas Base?

A ober australia's two thousand and 20 accounts state the group had a has a cash pulling arrangement with ube b v, and all cash at bank is transferred to ube bv at the end of every day. So ube australia reported more than one billion in revenue. And get this, just seven million in profit after tax for the two thousand, 20 yearis compared to 901 million in revenue and one point sixl in profit after Tax. It just goes to show how easy it is for businesses to move, like, move overseas base if tax rates change in countries.

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