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Companies & Markets

BHP faces A$522m tax bill on Singapore marketing hub

Published Mon, Apr 27, 2015 · 12:58 AM
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[MELBOURNE] Global miner BHP Billiton is contesting a A$522 million (S$544.8 million) Australian tax bill on its Singapore marketing operations, the Australian Financial Review reported on Monday.

The figure was disclosed in the company's answers to a Senate inquiry on corporate tax avoidance, the newspaper reported.

BHP confirmed to Reuters it had filed its response to the Senate committee but declined to comment on the figure until it was officially released by the panel.

REUTERS

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