Singapore slug: BHP and Rio Tinto's tax bills have reached $1.9b
The combined tax bills for Rio Tinto and BHP Billiton's move into Singapore marketing hubs a decade ago have now reached more than $1.9 billion, with further audits looming.
Rio Tinto's latest revelation that it is contesting tax assessments of $447 million for its Singapore operations from 2010 to 2013 comes on top of the $107 million it previously paid to settle claims covering 2005 to 2009, taking its total Singapore tax hit to $554 million.
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