Glencore wins ATO dispute

GLENCORE has had a win over the Australian Taxation Office in the Federal Court of Australia in a battle over transfer pricing provisions for copper sales from Glencore’s CSA mine in New South Wales between 2007 and 2009.

Glencore wins ATO dispute Glencore wins ATO dispute Glencore wins ATO dispute Glencore wins ATO dispute Glencore wins ATO dispute

Glencore has welcomed an Australian court ruling on transfer pricing for copper

The ATO had wanted to charge Glencore an additional A$14.7 million in tax in 2007, another $13.7 million in 2008 and an extra $43.8 million for 2009.

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