Original article by Ben Butler
The Australian – Page: 19 : 30-Jan-19
The full Federal Court has overturned the Administrative Appeals Tribunal’s ruling that BHP and its London-listed arm are not associates for tax purposes. The case centred on the Australian Taxation Office’s dispute with BHP over its controversial marketing hub in Singapore. The ATO had alleged that BHP’s dual-listing agreement meant that its Australian division had to pay tax on the British arm’s profits under rules governing controlled foreign corporations.
BHP GROUP LIMITED – ASX BHP, AUSTRALIAN TAXATION OFFICE, AUSTRALIA. ADMINISTRATIVE APPEALS TRIBUNAL, FEDERAL COURT OF AUSTRALIA, HUNTER VALLEY COAL CORPORATION