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The Guardian - AU
The Guardian - AU
National
Jonathan Barrett Business editor

Despite $22bn promise, Adani has paid zero corporate tax in Australia and experts think it won’t ever pay a cent

Abbot Point coal terminal, surrounded by wetlands and coral reefs, in north Queensland
Financial analysts say the level of related-party transactions at Adani’s Australian operations including Abbot Point terminal is ‘pretty unprecedented’. Photograph: Tom Jefferson/Greenpeace

More than three years after Adani started extracting coal from its Queensland mine, the Indian conglomerate has paid zero corporate tax from its Australian project – and tax experts say it may “never pay a cent”.

Adani pledged just over a decade ago to plough $22bn in taxes and royalties into the Australian economy. Industry groups supporting the coal company had also claimed Adani’s controversial plans would fund schools, hospitals and other infrastructure for “almost a century”.

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