Broke: Coal Mining Giant Games Global Tax System

This report details Glencore’s complex transnational corporate structure, which seems to facilitate shifting profits around the world to reduce the company’s tax obligations. The report surveys instances where Glencore has been found to have avoided taxes or is involved in legal disputes over its tax practices. The report also reviews a recent purchase by Glencore of a troubled coal mine in Colombia, which may be an avenue to construct a new debt-based tax shelter for future earnings in Australia.
We contacted Glencore to respond to our allegations. You can read their response here.
Latest News
In the Inaugural edition of the ‘Locked Out’ podcast, Craig Renney, economist and Director of Policy at the New Zealand Council of Trade Unions, interviews CICTAR researcher Ed Miller about electricity prices, profit margins, impacts of privatization and why the market alone will not deliver the Just Transition.
Michael West Media reports on a new tool, jointly developed by CICTAR Tax Justice Network Australia and the University of Technology Sydney to allow citizens to see which corporations pay tax in Australia, and which do not.
New Zealand Herald investigates the finances of global food giant Compass with input for CICTAR researcher Ed Miller
Swiss media covers CICTAR Starbucks report and the protest in Lausanne by Public Eye, Alliance Sud, PSI and IUF
ABC reports on CICTAR’s research into childcare costs and landlord profiteering
CICTAR Blog on proposals for tax reform in Brazil
Global reporting on CICTAR’s latest report on Starbucks
Reporting from ‘Business Insider’ on CICTAR’s latest report on Starbucks
Reporting from the The Post in New Zealand on CICTAR Researcher Ed Miller’s examination into Netflix’s accounts (or lack of).
ABC news reports on the new, and game changing, tax transparency laws passed in Australia at the end of 2024, quoting CICTAR’s Jason Ward on the implications of the new legislation