NewsBite

ATO and Singapore in $500m Rio Tinto talks

Peter Ker
Peter KerResources reporter

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

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.

Loading...
Peter Ker covers resource companies for The Australian Financial Review, based in Melbourne. Connect with Peter on Twitter. Email Peter at pker@afr.com

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Read More

Latest In Tax

Fetching latest articles

Most Viewed In Wealth

    Original URL: https://www.afr.com/wealth/tax/ato-and-singapore-in-500m-rio-tinto-talks-20200730-p55gzg