The Guardian

ATO slugs Shell with $755m bill in fight against multinational tax avoidance

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Exclusive: Senior official says pursuit of resources groups over offshore projects has brought forward tax revenue by a decadeThe Australian Taxation Office has hit British-Dutch oil giant Shell with a bill estimated at $755m as it continues to pursue multinational resources giants over claims they have avoided paying tax on offshore gas projects.Court documents reveal Shell’s main Australian company, Shell Energy Holdings Australia, has been fighting the ATO for six years over tax on the company’s stake in the $30bn Browse gas project off the coast of north-west Western Australia. Continue reading…

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Author : Ben Butler

Publish date : 2019-08-24 22:00:56

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