Mining Giant Rio Tinto’s Tax Haven Scheme Costs Canada and Mongolia Nearly $700 Million in Lost Tax Revenue
(Ulanbaataar/Amsterdam/Ottawa) The Dutch Centre for Research on Multinational Corporations (SOMO) and Oyu Tolgoi Watch (Mongolia) published a report today showing how tax planning by Australian mining giant Rio Tinto has led to nearly US$700 million in tax losses for the Canadian and Mongolian governments, related to one of the world’s largest