NSW power sale profits could end up in Cayman Islands

By Michael West
Updated November 29 2015 - 3:13pm, first published 2:36pm
NSW Premier Mike Baird has sold the state's electricity business, but there could be tax implications. Photo: Edwina Pickles
NSW Premier Mike Baird has sold the state's electricity business, but there could be tax implications. Photo: Edwina Pickles

A goodly chunk of the future corporate profits from the NSW power sale are destined to wend their merry way to the Cayman Islands.

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