Palmer 'paid no tax in 2010-11'

Clive Palmer
Clive Palmer Rockhampton Morning Bulletin

BILLIONAIRE mining magnate Clive Palmer's mining company Mineralogy reportedly paid no tax in the 2010-11 financial year.

A Fairfax media report on Thursday cited ASIC documents showing the company had reported losses for the past three years.

Mr Palmer has been a virulent critic of the mining tax proposed by the Federal Government.

A company spokesman would not comment on the figures except to say the magnate had a "vast portfolio of business interests including numerous resource companies".

"Mineralogy lodges its accounts with ASIC and follows all regulatory procedures."

Topics:  business, clive palmer, mineralogy, tax



Local Real Estate

Featured Real Estate
FULLY SELF CONTAINED... $9500.00 From
Cabin $12.5K for 6 x 2.4 x 2.5m fully installed. D.I.Y $9.5k bare ...
PIALBA Cls to shops PIALBA Cls to shops, 2 bdrm units, $235p/w, A/C, washing machine & ...
376 KENT STREET... 376 KENT STREET MARYBOROUGH FREEHOLD SHOP FOR SALE Prime Central - Tri ...
Private Sale Pialba $185000.00
Commercial  2/53 Old Maryborough Rd 140m2, 2 Bay workshop with office and amentities, ...

Featured Jobs

Fraser Coast jobs listed daily

Featured Jobs
ST MARY’S COLLEGE Maryborough Full Time
Marketing Manager Hervey Bay Full Time


Local Partners

LATEST DEALS AND OFFERS

Local Jobs

Search for your next job now!
Learn More

Cars For Sale

Find cars for sale online now.
Learn More

Subscription Sale

Subscribe now for $1 for 14 days.
Learn More

Local Profile

Stay Connected

Get the news as it happens, in your inbox

You can change the newsletters you are subscribed to when you edit your profile

Edit Profile


Special Offers

Latest deals and offers

Horoscopes

Leo

Printing, the written word and other forms of marketing will help you today. Take out an ad if you need to get your services or product out...

read more

Marketplace

Special Offers & Promotions

Compare & Save