Australia’s tax commissioner, Chris Jordan, has accused multinationals, including iron-ore majors Rio Tinto and BHP Billiton, of giving inaccurate evidence to the Senate inquiry into corporate tax avoidance. Jordan said Rio Tinto’s paying 5% tax, or $44-million, in 2014 on profit of $719-million might be immaterial to Rio but was substantial from an Australian tax perspective, which elevated it to well over $100-million. BHP Billiton refused to reveal the figures relating to its Singapore iron-ore hub, even though its own sustainability report said it had paid only $26-million in tax in Singapore in 2014. Jordan disclosed further that BHP Billiton was disputing amended tax assessments that were in the order of many hundreds of millions of dollars, arising from previous Singapore hub activity. Meanwhile, in South Africa, the decimated iron-ore price is hurting Kumba Iron Ore, whose troubled Thabazimbi mine, in Limpopo, is, according to the company, “just not making money” and analysts expect Thabazimbi to be closed in the near future.