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Stock Market & Financial Investment News

News For MSBHY;BTU;ACI;CLF;BHP From The Last 14 Days
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April 7, 2015
06:00 EDTBHPBHP and Rio accused of avoiding billions of dollars in tax, News.com.au says
The Australian Tax Office has mining giants BHP Billiton (BHP) and Rio Tinto (RIO) in its sights over claims that the companies may have avoided paying billions of dollars in tax during the mining boom, reports News.com.au. Citing the Australian Financial Review, the companies have been channeling billions of dollars in profits from Australian iron ore sales through companies that pay no tax in Singapore, a method that has occurred for nearly a decade. Reference Link
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