BHP, Rio join campaign against OECD limits on profit-shifting

BHP Billiton and Rio Tinto have joined global tech firms in lobbying against efforts to stop major multinational corporations from shifting profits to low-tax jurisdictions.

In submissions to an OECD draft paper, the mining companies said measures to prevent firms from abusing tax treaties would create ”unintended consequences” for dual-listed entities such as themselves.

Read more at: http://www.brisbanetimes.com.au/business/bhp-rio-join-campaign-against-oecd-limits-on-profitshifting-20140414-36noz.html

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