Coal giant denies paying zero tax in Australia over last three years

Glencore says it has paid more than $8bn in royalties and taxes in Australia over the past seven years

Swiss-based commodities trader Glencore has rejected a Fairfax Media report that said by claiming Australian tax breaks, the company had paid zero tax over the past three years, despite raking in $15bn.

But on Friday Glencore claimed they had paid more than $8bn in royalties and taxes in Australia over the past seven years, adding that the company employed thousands of Australians.