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Rupert Murdoch’s News Corp. gets an $800 million tax rebate from Australia

Rupert Murdoch’s Australian operations pocketed an Aus$882 million (US$800 million) tax rebate from the new conservative government, reports said Monday, blowing a major hole in the country’s budget. The massive payout to News Corp. — one of the largest ever made by the Australian Taxation Office (ATO) — related to…