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Google, Apple, BHP Billiton face $3b tax bill from ATO

THE Australian Taxation Office has sent a tax bill of ­almost $3 billion to seven of the world's largest multinationals for ripping off Australians and not paying their fair share of tax.

The Daily Telegraph can exclusively reveal the ATO has muscled up and hit seven publicly listed companies with tax bills of between $250 million and $800 million.

These companies are understood to include Rio Tinto, BHP Billiton, Microsoft, Apple and Google.

The ATO is also targeting Singtel, Crown, Shell, Chevron and Glencore, with audits into their tax arrangement still under way.

The revelations come a month before the federal Budget, where the country's triple-A credit rating is at stake and the federal government will be under pressure to rein in spending.

Read more at Daily Telegraph

Topics:  editors picks politics

News Corp Australia

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