ATO flags new oiler crackdown

THE Australian Tax Office has launched a new crackdown on multinational oil and gas companies it believes are using tricks to reduce their tax bills, amid revelations that ExxonMobil has paid no tax on $18 billion in sales over the past two years.

ATO flags new oiler crackdown ATO flags new oiler crackdown ATO flags new oiler crackdown ATO flags new oiler crackdown ATO flags new oiler crackdown
The company, which has interests in the North West Shelf and Gorgon LNG project and owns half of the Gippsland Basin Joint Venture with BHP Billiton, has instead paid billions of dollars in dividends

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