We pay our share: Rio

RIO Tinto has hit back at federal government claims the big miners pay only minimal taxes for their operations in Australia, releasing independently audited figures this morning showing the company has paid an effective tax rate in Australia, including royalty payments to the states, of 35.6% since 2000.

We pay our share: Rio We pay our share: Rio We pay our share: Rio We pay our share: Rio We pay our share: Rio

The company said last night it had paid $A20.3 billion in taxes in Australia since 2000 – $14.6 billion in corporate taxes and $5.7 billion in state royalties – 35.6% of its taxable income.