BHP Says to Consider Position Over Appeal in Australia Tax Case

BHP Group is considering its position following Federal Court judgment in tax case related to income derived by offshore unit on the sale of commodities purchased from London-listed arm’s Australian entities, company says Jan. 29 in an emailed statement.

• Company is studying judgment and its position in relation to any appeal. “This is a highly complex area of the tax law. It involves a technical interpretation of Australian federal income tax rules,” BHP says
• Federal Court of Australia earlier upheld an appeal from country’s Commissioner of Taxation in case related to income tax assessments

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