Orica faces $126m bill in tax sting

THE explosives and fertiliser group Orica may be forced to pay another $126 million to the Tax Office after in effect losing a convoluted court dispute over a huge capital gains tax bill arising from the sale of its pharmaceuticals business in 1998.

Orica faces $126m tax bill

THE explosives and fertiliser group, Orica, may be forced to pay another $126 million to the Tax Office after effectively losing a convoluted court dispute over a huge capital gains tax bill arising from the sale of its pharmaceuticals business in 1998.