BHP, Queensland settle royalty stoush

Original article by Matt Chambers, Ben Butler, Charlie Peel
The Australian – Page: 24 : 30-May-18

BHP Billiton has secured a confidential out-of-court settlement with the Queensland Government over a $A329m coal royalties dispute that centred on the miner’s marketing hub in Singapore. The case had been slated to be heard by the Supreme Court in coming days, and the settlement will enable BHP to avoid disclosing details of the Singapore hub. BHP also faces legal action from the Australian Taxation Office over a disputed tax bill of $A87m. The case will be heard in the Federal Court in Melbourne on 31 May.

CORPORATES
BHP BILLITON LIMITED – ASX BHP, SUPREME COURT OF QUEENSLAND, QUEENSLAND. TREASURY, AUSTRALIAN TAXATION OFFICE, FEDERAL COURT OF AUSTRALIA, MITSUBISHI CORPORATION, WESTERN AUSTRALIA. DEPT OF TREASURY AND FINANCE, NEW SOUTH WALES. THE TREASURY, AUSTRALIA. ADMINISTRATIVE APPEALS TRIBUNAL

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