Glencore paying Australian governments US$1.1 billion

GLENCORE paid out US$1.1 billion to Australian governments in 2018, most of which was paid as taxation to the Australian Tax office or as royalties to the New South Wales and Queensland governments.

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Glencore paying Australian governments US$1.1 billion Glencore paying Australian governments US$1.1 billion Glencore paying Australian governments US$1.1 billion Glencore paying Australian governments US$1.1 billion Glencore paying Australian governments US$1.1 billion

The company paid $679.8 million in royalties and $397 million in tax, its annual Payments to Governments Report reveals. 

 

Fees and infrastructure improvements came to $47.