Rupert Murdoch’s News Corp made profit of $4.8bn in US government income tax refunds

Rupert Murdoch’s News Corp. collected $4.8 billion in income tax refunds in the last four years, an investigation has uncovered.

The payback means Murdoch’s US-based media empire has actually made money on tax rebates on top of its $10.4 billion in profits — via redwolf.newsvine.com