Chevron and Gorgon Wheatstone

Australia: A report by the International Transport Workers Federation has accused Chevron of hiding more than $US35 billion in untaxed revenue offshore, according to Australian Broadcasting Corporation. In response, Chevron denied it had breached tax laws in the countries in which it operates. Related Story: Chevron workers to vote on strike action over rosters Related Story: Unions strike deal on Barrow Island LNG project worker conditions Map: Australia The world biggest trade union has accused US energy giant Chevron of profit shifting to minimise its taxes in Australia. Chevron is building the Gorgon and Wheatstone gas projects off the northern coast of Western Australia, projects worth $84 billion. The report said the US government had not approved Chevron tax filings for more than seven years. The federation also said Chevron had at least 600 shell companies in tax havens like Bermuda and Delaware and that its tax returns had been challenged in the US and other countries. (news.financializer.com). As reported in the news.