ATO and Singapore in $500m Rio Tinto talks
Australian and Singapore tax authorities are in negotiations over Rio Tinto's tax arrangements, after the miner asked the two nations to resolve which of them could claim tax on profits made by its Singapore marketing hub.
The Singapore talks came as Rio chief executive Jean-Sebastien Jacques told European investors he was not aware of any plan by Australia's big-spending Morrison government to impose a super-profits tax on the high-flying iron ore industry.
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