Search
BHP is navigating its third such dispute in recent years.

BHP in $300m tax deduction dispute

Matt Mckenzie Matt Mckenzie
Monday, 21 January, 2019 - 15:03

Treasurer Ben Wyatt has said he does not think BHP Group has been a bad corporate citizen after it was today revealed the iron ore miner might owe up to $300 million to the state in royalties, the company’s third such battle in recent years.

Login

(existing subscribers)

The password field is case sensitive.
Request new password

Comments

Submitted by Adrian Granaghan on Mon, 21/01/2019 - 16:24
West Perth
I agree with Ms Davies that the royalty agreements need to be revisited. The miners aren't digging up their ore, they are digging up our ore. Because it is a finite commodity, they should be paying a fair and reasonable royalty to Western Australia; 73 cents per tonne seems a bit low.

Add your comment

Article Tags

Category: 
Mining
Politics & the Economy
Companies: 
BHP
People: 
Ben Wyatt
Mia Davies
Comments: 
1

BHP (BHP)

Share Price

Closing price for the last 90 trading days
View the full CHART >>
Powered by Morningstar ®

Top 10 Shareholders

Substantial shareholders as published in the annual report.
View the full LIST >>
Powered by Morningstar ®

Total Shareholder Return as at 29/11/19

1 year TSR5 year TSR
174thBHP36%12%
733 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Powered by Morningstar ®

Revenue

th-BHP$63,711.7m
View the full LIST >>
77 listed non wa companies ranked by revenue.
Powered by Morningstar ®