In a report, Rio Tinto was accused of “illegitimately lowering” its withholding taxes paid to the government of Mongolia in relation to the Oyu Tolgoi copper mine. Rio allegedly did this by using a double tax agreement between Mongolia and the Netherlands, in addition to which it negotiated an even lower rate of withholding tax in its amended mining agreement in 2011. This piece reviews Rio’s tax arrangements.
NRGI set out to collect total oil, gas and mining revenue data for the countries included in the Resource Governance Index to find out how many dollars flow to governments that mismanage the handling of their natural resources.
I’d like to share a video clip about a Mongolian community that’s on its way to securing better governance of its mineral wealth. This clip is noteworthy because it gives outsiders a closer look at what kind of disaggregated information is required to benefit citizens impacted by extraction.
Almost three years ago, the Open Government Partnership (OGP) was launched to provide an international platform for domestic reformers committed to making their governments more open, accountable and responsive to citiz