Original article by Neil Chenoweth
The Australian Financial Review – Page: 1 & 6 : 10-Aug-16

The use of offshore marketing hubs by resources groups will attract greater scrutiny from the Australian Taxation Office. The proposed crackdown will result in such companies being subject to stricter auditing and disclosure requirements if they are not completely transparent about their marketing arrangements. BHP Billiton and Rio Tinto both use marketing hubs in Singapore, while the ATO is concerned that the oil and gas industry may pursue profit-shifting arrangements as LNG exports ramp up.

CORPORATES
BHP BILLITON LIMITED – ASX BHP, RIO TINTO LIMITED – ASX RIO, CHEVRON CORPORATION, CHEVRON AUSTRALIA PTY LTD, AUSTRALIAN TAXATION OFFICE, BP PLC, ROYAL DUTCH SHELL PLC, EXXONMOBIL CORPORATION