By Elizabeth Hearst for AMLi
Multinational mining company Rio Tinto has agreed to hand over almost AUD$1BN (€679M) in unpaid taxes, after settling a decade-long tax dispute with the Australian Taxation Office (ATO).
Rio Tinto will pay an additional AUD$613M (€416M) for unpaid tax between 2010 and 2021, as well as the AUD$378M (€257M) already paid back on amended assessments issued by the Australian Tax Office.