Original article by Ben Butler
The Australian – Page: 19 & 27 : 21-Sep-16
BHP Billiton CFO BHP Peter Beaven has defended the resources group’s use of a Singapore marketing hub, describing it as a "legitimate, stand-alone business". BHP states in its annual tax transparency report that it has received a revised tax assessment of $A537m from the Australian Taxation Office for 2009 to 2013. It had previously been issued with a revised tax bill regarding its Singapore operations of $A362m, covering the years 2003 to 2008. The ATO has also ordered BHP to pay an additional $A117m in minerals resource rent tax for 2013.
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