Posts tagged "taxation"

London Calling reviews Australian taxation – the tax is dead, long live the tax…

The net result of the recent heated debate in Australia over whether mining companies should pay considerably more tax, led to the ousting of the prime minister after millions of dollars were subscribed to a …
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Landmark Extractive Industry Transparency Law Passed in United States Congress

Amendment in Financial Reform legislation sets new global standard for corporate transparency

When will UK follow suit?

Communities living in resource-rich countries won a historic victory today when the U.S. Congress passed landmark transparency …
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Australian mining tax update

Australia, miners strike tax compromise

The “super profits tax” has been discarded in favour of a resources rent tax that has been endorsed by key global miners including London-listed BHP Billiton, Rio Tinto and …
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IMF backs mining tax

The International Monetary Fund has given its support to the Australian Federal Government’s planned resource super profits tax. The deputy head of tax policy at the IMF Philip Daniel has told a tax conference in …
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Rio Tinto, BHP Billiton and allies strike pact with new Australian PM

What’s in store for Australian mining with the fall of the House of Rudd?

A precarious peace pact has been struck between the Australian mining lobbies and the Federal Government following the sudden departure of …
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BHP Billiton, Rio Tinto and Xstrata continue tax campaign

Rio Tinto worried Australian tax may give other countries ideas

Prime Minister Kevin Rudd’s proposed ‘super tax’ on miners is still causing the industry to vent its collective spleen in anger.

Xstrata have added to …
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Rio Tinto and BHP Billiton pile tax pressure on Australian PM

BHP quoted saying mining tax lowers value of Rio JV

BHP Billiton chief executive Marius Kloppers said the Australian government’s proposed mining tax has cut the value of its proposed Pilbara iron ore merger with …
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Australian mining ‘super tax’ has miners running

Prime Minister Kevin Rudd’s proposed ‘super tax’ on miners has certainly got the companies raging. Like rich celebrities in a UK election, they are threatening to leave the country if they are over-taxed. Shares of …
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Tanzania faces industry opposition to its new mining law

After being criticised for failing to implement a mining bill that would bring greater benefit to the country, the Tanzanian government has now passed the law which increases both the royalty on minerals and ensures …
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Sierra Leone Agreement with UK miner is “illegal”

NGOs slam concessions granted to London Mining plc

Peoples’ organisations in Sierra Leone are up in arms about unacceptable, allegedly illegal concessions, conferred on a UK mining company. They say it threatens to derail the …
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BHP confident JV with Rio will go ahead this year

Global miner BHP Billiton said it expects to finalise its iron ore joint venture with Rio Tinto this year and took a swipe at a plan being considered by Australia to hike taxes on miners. …
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Tanzanians more cursed than blessed

In this opinion piece the author asks whose interests drive the government and politicians in Tanzania and who is at the heart of policy development and formulation when mining corporations enjoy a better relationship with …
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