Original article by Ben Butler
The Australian – Page: 15 & 16 : 22-Jan-19
Western Australia’s Treasurer Ben Wyatt says the state government will pursue BHP for backdated iron ore royalties totalling between $200m and $300m. He claims that an audit undertaken in 2016 had revealed that the resources group had underpaid royalties since the early 2000s. BHP had reached a $529m settlement with the Australian Taxation Office regarding its Singapore marketing hub in November 2018.
BHP GROUP LIMITED – ASX BHP, WESTERN AUSTRALIA. DEPT OF TREASURY AND FINANCE, AUSTRALIAN TAXATION OFFICE, RIO TINTO LIMITED – ASX RIO, SUPREME COURT OF QUEENSLAND