Indian conglomerate offsets earnings from Carmichael mine to report $340.6m loss, after promising billions in taxes and royaltiesGet our breaking news email, free app or daily news podcastIndian conglomerate Adani wil...
See moreIndian conglomerate offsets earnings from Carmichael mine to report $340.6m loss, after promising billions in taxes and royalties
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Indian conglomerate Adani will pay no company tax despite generating almost $1bn in revenue from coal mining in Queensland over the past year.
Financial accounts show the Carmichael thermal coal operations used large costs – including production and related party logistics expenses – to offset its $963.5m revenue in the 12 months to 31 March. This resulted in a recorded $340.6m loss for the year, erasing it’s tax bill.
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Indian conglomerate offsets earnings from Carmichael mine to report $340.6m loss, after promising billions in taxes and royaltiesGet our breaking news email, free app or daily news podcastIndian conglomerate Adani wil...
See more
At 22, Ramsey has already been on our screens for a decade, and nominated for every award going. So why do they find it strange to be called an actor?Bella R...
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