Rio Tinto and tax transparency
In the mining industry Rio Tinto has led the way in the transparent reporting of taxes paid.
Rio Tinto pioneered the practice of corporate tax transparency in 2010 and has been recognised as best-practice in tax reporting and transparency among multinational companies. We believe that transparency makes good business sense.
We are supportive of countries publicly disclosing contracts and licences for the exploitation of oil, gas and minerals. To this end, the disclosures contained in our Taxes Paid report are consistent with our support for the principles of the Extractive Industries Transparency Initiative (EITI). The report also includes information required to be disclosed under the Australian Voluntary Tax Transparency Code and the UK Large Business Tax Compliance requirements.
Rio Tinto's tax planning conforms to our corporate values and our global code of business conduct, The way we work. Integrity is a core business value, and we aim to act fairly, honestly and consistently in what we say and do.
Explore our Taxes paid in 2017 report to learn more about our economic contributions, our tax strategy and governance, and the detail of the payments we make.