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TexasTowelie

(112,557 posts)
Thu Jul 21, 2022, 03:56 AM Jul 2022

Rio Tinto to pay nearly $1b in tax avoidance settlement with ATO - ABC News (Australia)



The federal government says it's not looking at broader reforms or a windfall tax after Rio Tinto settled a long running bill with the tax office.

The mining giant will pay close to a billion-dollar settlement to the Australian Taxation Office after a decade-long dispute over the matter.

The government campaigned on a promise to crackdown on tax avoidance by multinationals.
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