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

finda logo
Featured Real Estate
MACHINERY HOUSEHOLD... AUCTION
Commercial Farm Machinery - Fencing - House Hold and Sundries Auction Auction THIS ...

Featured Jobs

finda logo

Warwick jobs listed daily

Featured Jobs
GENERAL MANAGER ... Gladstone Full Time $120 - $150
SHORT ORDER COOK Warwick Casual
Senior Stockperson Clifton Full Time
Diocese Of Toowoomba... Toowoomba Full Time


Local Partners

LATEST DEALS AND OFFERS

Job Listings

Search for your next job now.
Learn More

Baby of the Year...

Baby Competition 2014
Learn More

Cars For Sale

Find cars for sale online now.
Learn More

Property Listings

Search for a property online right now.
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

View today's ePaper!

Read the digital edition
Learn More

Horoscopes

Virgo

A small offensive can be more effective than a full-scale battle. Pick your battles wisely. Investment wise though: No point in playing it...

read more

Marketplace

Special Offers & Promotions

Compare & Save