21
Jul
07:21
Rio Tinto settles Australian Tax Office disputes
Rio Tinto has reached agreement with the Australian Taxation Office (ATO) on all tax matters in dispute, the miner tells Kallanish.
As part of this agreement, Rio Tinto will pay to the ATO additional tax of AUD 613 million ($423.53m) for the 12 years from 2010 to 2021. This is in addition to the AUD 378m of tax paid in respect of the original amended assessments issued by the ATO.
Over this period, Rio Tinto says it has paid nearly AUD 80 billion in tax and …
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Anonymous
Very good overview of the weekly steel market.
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