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BHP fights $205 mln royalty bill on Australian coal sales
2015-11-12 12:06:06| Grocery - Topix.net
BHP Billiton is disputing an A$288 million coal royalty bill from Australia's Queensland state, stemming from how it measures the value of coal, it said on Thursday. BHP Billiton has long defended a policy of calculating its royalty payments based on the first sale of the coal to its BMAG marketing hub in Singapore, where it pays lower corporate tax.
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