Crank up mining royalties on Iron ore, page-88

  1. 7,016 Posts.
    lightbulb Created with Sketch. 52
    Ehh, how is that supporting evidence of companies not paying correct annual company tax on taxable profit?
    Did you think a mining company is taxed different from all the rest of them, and us individuals, and so has to pay tax on gross profit?
    Posting an incompetent, useless ALPBC news article using Gross Profit as a basis for establishing company tax payable is so laughable I expect the writer was sacked back in 2018.
    Didn't Emma Alberici provide a near identical, slanderous, piece of ABC paper waste for consumption soon after that which saw her demoted and stood down for incompetent, fake news journalism.
    That link says a lot about your goal here being to misinform readers and promote a revolutionary nationalising of our resource companies and their developed mining projects in a communist styled seizure of their assets.
    Royalties are paid on tonnage produced not price.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.