Rio tax take soars, but ATO sore points remain

Original article by James Thomson
The Australian Financial Review – Page: 14 : 10-Apr-18

Rio Tinto has revealed that it paid a total of $A4.9bn in taxes and royalties in Australia during 2017, compared with $A3.9bn in 2016. The Federal Government’s share of taxes paid by Rio Tinto in 2017 was $A2.4bn, while its Western Australian counterpart received $A1.8bn. Rio Tinto continues to attract scrutiny over its use of a marketing hub in Singapore, where its total tax paid was just $A31m in 2017.

CORPORATES
RIO TINTO LIMITED – ASX RIO, AUSTRALIAN TAXATION OFFICE, BHP BILLITON LIMITED – ASX BHP

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