BHP head Andrew Mackenzie has reiterated his pessimistic position on iron ore, pointing to the growing oversupply issue.
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Chevron tax dodge busted for $322 million
Profit-shifting has not paid off for petroleum multinational Chevron, slugged with a tax bill for $322 million thanks to a Supreme Court decision on Friday, however the worst is yet to come under another ATO audit.
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BHP pays majority of taxes to Australian government
BHP has released a new report which shows that most of their payments to governments worldwide are made to the Australian government.
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Curtis Island workers face tax audits
Construction workers on Curtis Island LNG projects may face tax audits after concerns were raised about incorrect claims on tax returns.
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ERA writes down tax assets
Embattled uranium miner Energy Resources Australia (ERA) declared it will write down its declared tax assets by up to $200 million as a result of the stalled Ranger 3 Deeps project.
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FactCheck: Is BHP Billiton Australia’s largest taxpayer, averaging $8-10b in tax a year?
With miners under the spotlight over tax avoidance claims, how much do they actually pay?
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Fortescue dances around newly revealed marketing company
Fortescue Metals Group is dancing around the new revelation that it too has a Singapore-based marketing company, albeit apparently unused.
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Labor has no plans for new mining tax
Shadow Treasurer Chris Bowen has told reporters in Canberra Labor won’t be seeking a mandate for a new mining tax.
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China cuts its mining taxes
China has nearly halved its iron ore resources tax, removed taxes on coal, and restrictions on some foreign investment.
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Chevron accused of scam against Australian taxpayers
Oil giant and Gorgon project developer Chevron faces accusations of running an aggressive tax avoidance scheme which derived profits from the ATO.
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On The Bench: The Budget Blindside [VIDEO]
This week On The Bench takes a look at the elements of the recent budget announcement that will have the greatest affect on the Australian mining industry.
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Glencore again under the spotlight over tax
In the wake of the Federal Budget, profit shifting, and tax avoidance, the spotlight is back on miners’ tax payments.
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FIFO miners the big losers in the budget
Fly in fly out miners have been targeted in this year’s budget, with the government set to slash Zone Tax Offsets.
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Tax crackdown in 2015 budget
Federal treasurer Joe Hockey has put multinational companies on notice with plans to crack down on profit shifting measures in the 2015 federal budget.
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On The Bench: The Taxman Cometh [VIDEO]
In this edition of On The Bench Editor Cole Latimer and Journalist Ben Hagemann tackle the contentious issue of taxation in the mining industry, asking the question: are the major miners paying their fair share?
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BHP admits to minimal tax in Singapore
In the wake of the April 10 Senate Inquiry BHP have been forced to reveal their effective tax rate on profits at their Singapore Trading Hub.
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Rio Tinto’s Australian tax bill for 2014 was $6.2 billion
Rio Tinto paid $6.2 billion in taxes to Australian governments last year.
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Big companies entrusted with own tax auditing
Large mining companies may avoid public scrutiny over their taxes if the Abbott government complies with calls for amendments to tax law.
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Miners likely to face parliamentary inquiry on tax avoidance
In the wake of a Fairfax report into high level tax avoidance by major companies in Australia, the Senate will establish an inquiry into alleged dealings.
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Mining tax buried by Senate deal
Mining companies and coalition members were jubilant yesterday as the Mineral Resources Rent Tax was repealed in the Senate.
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