Contact us English About What we do Investors Sustainability Careers News Suppliers Search Home About Operating ethically Tax and transparency BHP has a long-standing commitment to transparency. We first disclosed our aggregate payments of taxes and royalties in 2000 and we have continually updated and expanded our disclosure in the years since. In our view, such transparency helps build public confidence in the integrity of tax systems, and enables an informed debate on the effectiveness and efficiency of tax policies. This year, we have published our Economic Contribution Report. This Report discloses the payments we have made to governments during the 2020 financial year on a country-by-country and project-by-project basis. We also disclose our total direct economic contribution on a country-by-country basis. We have prepared ‘Our payments to governments’ in our Report in accordance with the UK Regulations which implement the EU Accounting Directive. We also support the Australian Voluntary Tax Transparency Code with which our Report complies. Economic Contribution Report 2020 Our total economic contribution in FY20 was US$37.2 billion. This included payments to suppliers, wages and benefits for our more than 80,000 employees and contractors, dividends, taxes and royalties, and in FY2020 we paid US$15.5 billion to our suppliers globally, with US$1.9 billion paid to local suppliers in the communities in which we operate. In FY2020, our tax, royalty and other payments to governments totalled US$9.1 billion. Our global adjusted effective tax rate was 33.2 per cent. Once royalties are included, our rate increases to 42.2 per cent. Our approach to tax Our approach to tax is underpinned by Our Charter and our Code of Conduct and is embodied in our global tax principles. Our global tax principles have been endorsed by the Risk and Audit Committee of the BHP Board. BHP pays taxes, royalties and other payments in accordance with the tax regulations and laws applying in the jurisdictions in which we operate. This section outlines our payments to governments by country in 2020. 2020 total payments to governments (US$M) Filter: Commodities: Business: Categories: 2 3 3 3 Payments to governments Here's a breakdown of our overall payments to governments in 2020 US$37.2bn Our total economic contribution was US$37.2 billion US$9.1bn Our total payments to governments was US$9.1 billion 82% 82% of our total payments was to the Australian government *Payments to governments have been prepared on the basis set out in 'Basis of report preparation' section. Read BHP's Tax Principles (PDF 19 KB) Read BHP's Tax Strategy (PDF 19 KB) BHP was required to file a report outlining payments to governments for the FY20 year end under the UK Reports to Payments to Governments Regulations 2014, as amended by the Reports on Payments to Governments (Amendment) Regulations 2015. The UK Regulations implement the EU Accounting Directive in the United Kingdom. BHP was also required to file reports in Canada under the Extractive Sector Transparency Measures Act (“ESTMA”). BHP's report as required under the UK regulations can be found online at the National Storage Mechanism here. The Canadian reports use this report as a substitution report. 2021 contribution reports BHP Canada Inc. ESTMA Cover Page 2021 PDF 339 KB Rio Algom Limited ESTMA Cover Page 2021 PDF 410 KB BHP Billiton (Trinidad-2C) Inc. ESTMA Cover Page 2021 PDF 339 KB BHP Group Plc - Economic Contribution Report 2021 PDF 5.21 MB BHP Group Plc - Economic Contribution Report Extract 2021 PDF 361 KB 2020 contribution reports BHP Canada Inc. ESTMA Cover Page 2020 PDF 339 KB Rio Algom Limited ESTMA Cover Page 2020 PDF 339 KB BHP Billiton (Trinidad-2C) Inc. ESTMA Cover Page 2020 PDF 339 KB BHP Group Plc - Economic Contribution Report 2020 PDF 2.85 MB BHP Group Plc - Economic Contribution Report Extract 2020 PDF 673 KB 2019 contribution reports BHP ATO Corporate Transparency Disclosure FY19 PDF 99 KB BHP Billiton Canada Inc. ESTMA Cover Page 2019 PDF 339 KB Rio Algom Limited ESTMA Cover Page 2019 PDF 337 KB BHP Billiton (Trinidad-2C) Inc. ESTMA Cover Page 2019 PDF 339 KB BHP Group Plc - Economic Contribution Report 2019 PDF 1.58 MB BHP Group Plc - Economic Contribution Report Extract 2019 PDF 666 KB 2018 contribution reports BHP ATO Corporate Transparency Disclosure FY18 PDF 109 KB BHP Billiton Canada Inc. ESTMA Cover Page 2018 PDF 14 KB Rio Algom Limited ESTMA Cover Page 2018 PDF 14 KB BHP Billiton (Trinidad-2C) Inc. ESTMA Cover Page 2018 PDF 14 KB BHP Billiton Plc - Economic Contribution Report 2018 PDF 1.28 MB BHP Billiton Plc - Economic Contribution Report Extract 2018 PDF 453 KB 2017 contribution reports BHP ATO Corporate Transparency Disclosure FY17 PDF 102 KB BHP Billiton Canada Inc. ESTMA Cover Page 2017 PDF 31 KB Rio Algom Limited ESTMA Cover Page 2017 PDF 29 KB BHP Billiton (Trinidad-2C) Inc. ESTMA Cover Page 2017 PDF 30 KB BHP Billiton Plc - Economic Contribution Report 2017 PDF 1.94 MB BHP Billiton Plc - Economic Contribution Report Extract 2017 PDF 571 KB 2016 contribution reports BHP ATO Corporate Transparency Disclosure FY16 PDF 62 KB BHP Billiton Canada Inc. ESTMA Cover Page 2016 PDF 1016 KB Rio Algom Limited ESTMA Cover Page 2016 PDF 861 KB BHP Billiton (Trinidad-2C) Inc. ESTMA Cover Page 2016 PDF 1016 KB BHP Billiton Plc - Economic Contribution and Payments to Governments Report 2016 PDF 2.48 MB BHP Billiton Plc - Economic Contribution and Payments to Governments Report Extract 2016 PDF 87 KB © BHP 2021 About What we do Investors Sustainability Careers News Suppliers Contact us Keep in touch Follow BHP to stay up to date https://www.facebook.com/BHP https://www.linkedin.com/company/bhp/ https://www.twitter.com/BHP https://www.youtube.com/BHP Privacy Policy Modern Slavery Act Statement Terms of use Some cookies are strictly necessary for the operation of our website. We also use cookies to monitor your use of our website, compile aggregate data and provide you with a good experience when you browse our website. You can choose to accept or reject cookies, or manage your specific cookie options. For more detailed information on what cookies are and how they work, please read our Cookies Policy. Manage cookies Decline All Accept Cookie Preferences