Rio Tinto recently issued a release announcing that it has reached a settlement with the Australian Taxation Office (ATO) on all tax matters in dispute. This includes a disagreement relating to interest on an isolated borrowing used to pay an intragroup dividend in 2015, as well as transfer pricing issues in relation to transactions between Rio Tinto entities based in Australia and the Group's commercial centre (marketing hub) in Singapore from 2010-2021. The settlement has been confirmed by the ATO, which announced that the settlement is one of the largest in Australia's tax history at almost AUD 1 billion. An...