RIO as listed in Australia's top 20 shareholders are almost all Australian, owning 74.79% of its shares.
It is reasonable to assume that those holders beyond the top 20 would be many smaller Australian super funds.
As mentioned here yesterday, they invest in Australia slightly more than the profit obtained from their Australian operations.
Their tax rate over the last ten years has averaged 35%.
The bottom line is that RIO Australia is an Australian company owned by Australians that invests all its profits here.
- Forums
- Political Debate
- minerals.. 57% of april exports
minerals.. 57% of april exports, page-2
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)