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Rio Tinto to pay nearly $1b in tax avoidance settlement with ATO - ABC News (Australia)
The federal government says it's not looking at broader reforms or a windfall tax after Rio Tinto settled a long running bill with the tax office.
The mining giant will pay close to a billion-dollar settlement to the Australian Taxation Office after a decade-long dispute over the matter.
The government campaigned on a promise to crackdown on tax avoidance by multinationals.