Miner Rio Tinto is paying almost $1 billion to settle all its Australian tax disputes, marking one of the biggest such payouts in the nation’s history.
The disputes zeroed in on Rio’s iron ore and aluminium sales with its controversial Singapore marketing hub and a tax deduction claim associated with financing a dividend within the company.
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Liam Walsh writes on investigations and companies with The Australian Financial Review. He has won multiple media awards, worked in Japan and is now based in Brisbane. Email Liam at liam.walsh@afr.com.au
