1st Jun 2011 07:00
NEWS RELEASE | |
Release Time | IMMEDIATE |
Date | 1 June 2011 |
Number | 16/11 |
BHP BILLITON SUCCESSFUL IN HIGH COURT ON AUSTRALIAN TAXATION OFFICE ASSESSMENTS
The High Court of Australia has today decided in favour of BHP Billiton in its dispute with the Australian Taxation Office over certain tax issues relating to BHP Billiton's former Hot Briquetted Iron project.
The dispute concerned the clawback of capital allowance deductions claimed by BHP Billiton for the Hot Briquetted Iron plant.
As a result of the decision, an income tax credit of approximately US$580 million will be recognised as an exceptional item in the Company's June 2011 financial results.
Further information on BHP Billiton can be found on our Internet site: www.bhpbilliton.com
Australia: Investor Relations Brendan Harris Tel: +61 3 9609 4323 Mobile: +61 437 134 814 email: [email protected]
Andrew Gunn, Investor Relations Tel: +61 3 9609 3575 Mobile: +61 439 558 454 email: [email protected]
Australia: Media Relations Samantha Stevens, Media Relations Tel: +61 3 9609 2898 Mobile: +61 400 693 915 email: [email protected]
Kelly Quirke, Media Relations Tel: +61 3 9609 2896 Mobile: +61 429 966 312 email: [email protected]
Fiona Martin, Media Relations Tel: +61 3 9609 2211 Mobile: +61 427 777 908 email: [email protected] | United Kingdom & South Africa Andre Liebenberg, Investor Relations Tel: +44 20 7802 4131 Mobile: +44 7920 236 974 email: [email protected]
United Kingdom & Americas Ruban Yogarajah, Media Relations Tel: US +1 713 966 2907 or UK +44 20 7802 4033Mobile: UK +44 7827 082 022 email: [email protected]
Americas Scott Espenshade, Investor Relations Tel: +1 713 599 6431 Mobile: +1 713 208 8565 email: [email protected]
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BHP Billiton Limited ABN 49 004 028 077 Registered in Australia Registered Office: 180 Lonsdale Street Melbourne Victoria 3000 Australia Tel +61 1300 55 4757 Fax +61 3 9609 3015
| BHP Billiton Plc Registration number 3196209 Registered in England and Wales Registered Office: Neathouse Place London SW1V 1BH United Kingdom Tel +44 20 7802 4000 Fax +44 20 7802 4111
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Members of the BHP Billiton group which is headquartered in Australia | |
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