atans1

Will this ever be reported here?

In Commodities, Economy, Media on 11/04/2015 at 3:01 pm

Glencore says it will stop funnelling sales from its Australian coal operations through Singapore, a move that comes amid growing concern in Canberra about the impact that alleged tax avoidance by multinational mining companies is having on the country’s tax take …

[It said this to an] Australian parliamentary inquiry scrutinising the use of Singapore marketing hubs by BHP Billiton, Rio Tintoand Glencore to reduce the mining groups’ tax bills.

Glencore told the committee that almost half its Australian exports flow through S’pore …

(FT report on Friday)

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  1. PAP’s corporate taxes & GDP drop liao.

    CPF drawdown age will be 80++, & Retirement Sum increment increased from 3%pa to 8%pa.

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