Last year Chevron stashed another $10 billion in offshore tax havens, bringing their total to $45bn. 


Tax avoidance by multinational corporations costs governments around the world an estimated $172 billion in tax revenues - funds that should be spent on essential public services like schools, hospitals, and infrastructure. In Australia alone, an estimated $6 billion is lost every year, and Chevron is allegedly the worst.

Chevron already has a global reputation for social and environmental destruction. Here we shine a spotlight on its aggressive tax practices, as a case study of the ways in which multinational corporations evade their responsibilities and drive global inequality. 

“When it comes to aggressive legal tactics, vindictiveness, threats, pollution, intimidation, tax evasion ... [Chevron] is in a league of its own.”
— The Guardian

Featured News and Analysis

For our complete library of media reports about Chevron's tax rorts, visit the Media page.

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Chevron appeal in Federal Court against multimillion-dollar tax bill kicks off
Chevron appeal in Federal Court against multimillion-dollar tax bill kicks off

SYDNEY MORNING HERALD

An appeal against a multimillion dollar tax bill owed by multinational oil giant Chevron is taking place, and will have global implications for the way tax paid by large companies is assessed. Chevron recently lost a landmark profit-shifting case in the Federal Court that left it with a tax bill of about $300 million.

PRRT concessions under the microscope ahead of May budget
PRRT concessions under the microscope ahead of May budget

ABC NEWS

Oil and gas companies could lose some of their generous tax deductions following a review of the Petroleum Resource Rent Tax (PRRT). Amid concerns that revenue from the PRRT has flatlined at just over $800 million a year — less than half its peak of more than $2 billion in 2000-01 — there is new focus on the tax treatment of project costs.

Government launches inquiry into missing tax billions from oil and gas sector
Government launches inquiry into missing tax billions from oil and gas sector

SYDNEY MORNING HERALD

The Turnbull government has acknowledged for the first time that Australia is failing to secure a fair share of revenue from oil and gas companies, with Treasurer Scott Morrison calling a review into the tax scheme governing offshore projects. In a stunning admission, Mr Morrison conceded on Wednesday: "We think it is a problem."

“Secretive oil company Chevron Corp has taken the art of tax avoidance to its ultimate form thanks to a scheme so aggressive that it goes beyond merely reducing exposure to income tax, but rather, has been designed to make a profit from the Australian Tax Office.”
— Michael West, Business Columnist, Sydney Morning Herald

Chevron, it's time to pay your taxes.