Adani to pay no company tax despite $1bn revenue from Queensland coalmine

The Guardian World · Published 2h ago · Impact 78%

Indian conglomerate offsets earnings from Carmichael mine to report $340.6m loss, after promising billions in taxes and royalties Get our breaking news email , free app or daily news podcast Indian conglomerate Adani will pay no company tax despite generating almost $1bn in revenue from coal mining

Caution ahead70%

PositivePossible support for stability, investment or market confidence

RiskInflation, volatility, borrowing costs or weaker growth

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