Rio Tinto discloses details of the $7.6 billion taxes paid in 2019
Rio Tinto Plc (RIO)
US:NYSE Investor Relations:
riotinto.com/investors-87.aspx
Company Research
Source: Business Wire
MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto paid $7.6 billion in taxes and royalties globally in 2019, including $4.8 billion of corporate tax, as detailed in its latest Taxes paid report, published today.The majority of its taxes were paid in Australia ($6.2 billion), home to the largest part of Rio Tinto’s business. The company also made significant payments in Chile ($311 million), Mongolia ($305 million), Canada ($291million), United States ($178 million), the United Kingdom ($117 million) and South Africa ($80 million).The report also outlines the $45.1 billion direct economic contribution Rio Tinto made in 2019 to the countries and communities where it operates, taking the company’s direct economic contribution since 2015 to $210 billion.Rio Tinto chief financial officer Jakob Stausholm said “Our business, including the taxes and royalties we pay, play a critical role in the overall economic health and development of the regions where we operate.“The funds we provide to
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