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MELBOURNE, Australia, July 20, 2022--(BUSINESS WIRE)--Rio Tinto has reached agreement with the Australian Taxation Office (ATO) on all tax matters in dispute.
The agreement resolves the disagreement relating to interest on an isolated borrowing used to pay an intragroup dividend in 2015. It also separately resolves the pricing of certain transactions between Rio Tinto entities based in Australia and the Groupâs commercial centre in Singapore from 2010-2021 and provides certainty for a furt...
>>> Read more: Rio Tinto settles all tax disputes with Australian Tax Office
The agreement resolves the disagreement relating to interest on an isolated borrowing used to pay an intragroup dividend in 2015. It also separately resolves the pricing of certain transactions between Rio Tinto entities based in Australia and the Groupâs commercial centre in Singapore from 2010-2021 and provides certainty for a furt...
>>> Read more: Rio Tinto settles all tax disputes with Australian Tax Office