Category: Lonmin Management Services (Pty) Ltd

Africa / Bermuda / Lonmin Management Services (Pty) Ltd / Offshore Companies / Tax evasion investigations / Transfer pricing

Profit shifting report false – Lonmin

Posted On: October 16, 2014

A report claiming Lonmin is engaging in two transfer pricing arrangements is misleading and false, the company said on Thursday. It was responding to a report titled “The Bermuda connection: Profit shifting and unaffordability at Lonmin 1999-2012″, released by the Alternative Information and Development Centre (AIDC) on Thursday morning. “Lonmin… – Continue reading

Africa / Base Erosion & Profit Shifting / Bermuda / Eastern Platinum Ltd / Lonmin Management Services (Pty) Ltd / Lonmin Plc / South Africa / Transfer pricing / Western Metal Sales / Western Platinum Ltd

Lonmin denies evading tax

Posted On: September 22, 2014

Reports that Lonmin was evading tax were denied by a spokeswoman on Monday, after calls that the company should be investigated. “It is completely false, we are busy preparing a statement,” spokeswoman Sue Vey said. Vey said she was not sure when the statement would be released. Earlier, Sars spokesman… – Continue reading

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