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NEWS: Multinational mining company Rio Tinto hands over almost AUD$1BN (€679M) in unpaid taxes following decade-long tax dispute with ATO

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NEWS: France, Ireland and Latvia called out by EU for AML failures

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NEWS: PEPs law make politicians, families ‘guilty until proven innocent’ MPs claim in Ireland’s parliament

INSIGHT: New AML rules will change the EU’s financial crime prevention landscape for good. But what will change in practice?

By Elizabeth Hearst for AMLi

Multinational mining company Rio Tinto has agreed to hand over almost AUD$1BN (€679M) in unpaid taxes, after settling a decade-long tax dispute with the Australian Taxation Office (ATO).

Rio Tinto will pay an additional AUD$613M (€416M) for unpaid tax between 2010 and 2021, as well as the AUD$378M (€257M) already paid back on amended assessments issued by the Australian Tax Office. 

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Premium

NEWS: France, Ireland and Latvia called out by EU for AML failures

 Premium

NEWS: PEPs law make politicians, families ‘guilty until proven innocent’ MPs claim in Ireland’s parliament

INSIGHT: New AML rules will change the EU’s financial crime prevention landscape for good. But what will change in practice?

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