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Report

23 Sep 2015

Author:
BHP Billiton

Economic contribution and payment to governments report 2015

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The scale and long-term nature of our operations enables us to make a significant and long-term economic contribution to the countries in which we operate. We support local and national economies through the payment of taxes and royalties to our host governments, as well as through the creation of direct and indirect jobs, and the purchase of goods and services. It follows that we must act responsibly, including in relation to our tax affairs, in order to be able to provide our host communities with the best opportunity to prosper. Communities should have a clear understanding about the revenue gained by their governments from the extraction of natural resources and how this is allocated in their country’s economic and social development…Countries that transparently and effectively allocate natural resource wealth for the benefit of their communities have the potential to attract greater, more responsible and longer-term business investment…