Clive Palmer’s mining company faces A$30m Australian tax bill
Australian mining magnate Clive Palmer's private company appears to face a substantial tax liability, according to financial filings.
Mining magnate Clive Palmer's private mining company Mineralogy is facing a possible A$30 million tax bill from Australian authorities, according to the company's latest financial report. This comes after Palmer recently failed in a separate legal bid to sue Australian taxpayers for A$300 billion.
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Clive Palmer’s Mineralogy faces possible A$30m tax bill
Mining magnate Clive Palmer recently failed in his efforts to sue Australian taxpayers for A$300 billion (NZ$360b). The latest financial report from his private mining company hints that the country’s tax office is pursuing him for tax liabilities.