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Adani to pay no company tax despite $1bn revenue from Queensland coalmine

Indian conglomerate offsets earnings from Carmichael mine to report $340.6m loss, after promising billions in taxes and royalties Get our breaking news email , free app or daily news podcast Indian conglomerate Adani will pay no company tax despite generating almost $1bn in revenue from coal mining in Queensland over the past year. Financial accounts show the Carmichael thermal coal operations used large costs – including production and related party logistics expenses – to offset its $963.5m r…

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The GuardianLean L·2h ago
Adani to pay no company tax despite $1bn revenue from Queensland coalmine
Indian conglomerate offsets earnings from Carmichael mine to report $340.6m loss, after promising billions in taxes and royalties Get our breaking news email , free app or daily news podcast Indian conglomerate Adani will pay no company tax despite generating almost $1bn in revenue from coal mining in Queensland over the past year. Financial accounts show the Carmichael thermal coal operations used large costs – including production and related party logistics expenses – to offset its $963.5m r…
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Adani to pay no company tax despite $1bn revenue from Queensland coalmine

How 1 sources are covering this

Adani to pay no company tax despite $1bn revenue from Queensland coalmine

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