Just thought you might like to know that over the past five years, Gina's mining business paid $2.9bn in tax. Thats far in excess of what any other Australian business paid the taxman.

By the way, this info is publicly available.

Armchair_Politician wrote on Nov 7^th, 2015 at 7:41am:

Just thought you might like to know that over the past five years, Gina's mining business paid $2.9bn in tax. Thats far in excess of what any other Australian business paid the taxman.

do you think she bought anything with GST attached to it?????just askin

Armchair_Politician wrote on Nov 7^th, 2015 at 7:42am:

By the way, this info is publicly available.

Link please.

Bam wrote on Nov 7^th, 2015 at 8:35am:

Armchair_Politician wrote on Nov 7th, 2015 at 7:42am: By the way, this info is publicly available. Link please.

Here's one. I can't remember where I found the others. But she's paid well over $500m in tax each year for the past 5 years or so...

http://www.theaustralian.com.au/business/hancock-says-gina-rinehart-pays-more-tax-than-any-other-australian/story-e6frg8zx-1227116393886

cods wrote on Nov 7^th, 2015 at 7:54am:

Armchair_Politician wrote on Nov 7th, 2015 at 7:41am: Just thought you might like to know that over the past five years, Gina's mining business paid $2.9bn in tax. Thats far in excess of what any other Australian business paid the taxman. do you think she bought anything with GST attached to it?????just askin

In terms of the mining business it doesn't matter. GST is an input credit.

Armchair_Politician wrote on Nov 7^th, 2015 at 7:41am:

Just thought you might like to know that over the past five years, Gina's mining business paid $2.9bn in tax. Thats far in excess of what any other Australian business paid the taxman.

If the amount of tax she has paid is the correct and honest amount for the money the business earnt, then well done.   We also have to take into account subsidies paid by the australian taxpayer to assist the business.

Vic wrote on Nov 7^th, 2015 at 9:02am:

Armchair_Politician wrote on Nov 7th, 2015 at 7:41am: Just thought you might like to know that over the past five years, Gina's mining business paid $2.9bn in tax. Thats far in excess of what any other Australian business paid the taxman. If the amount of tax she has paid is the correct and honest amount for the money the business earnt, then well done.   We also have to take into account subsidies paid by the australian taxpayer to assist the business.

You also have to take into account the fact she buys Australian, mines in Australia, employs Australians and pays her taxes in Australia (as do her employees). The amount of tax she's paid over the past decade would probably pay for the Collins submarine fleet.

Armchair_Politician wrote on Nov 7^th, 2015 at 8:59am:

Bam wrote on Nov 7th, 2015 at 8:35am: Armchair_Politician wrote on Nov 7th, 2015 at 7:42am: By the way, this info is publicly available. Link please. Here's one. I can't remember where I found the others. But she's paid well over $500m in tax each year for the past 5 years or so... http://www.theaustralian.com.au/business/hancock-says-gina-rinehart-pays-more-tax-than-any-other-australian/story-e6frg8zx-1227116393886

This link has a paywall. Do you have a non-paywalled link?

Bam wrote on Nov 7^th, 2015 at 9:28am:

Armchair_Politician wrote on Nov 7th, 2015 at 8:59am: Bam wrote on Nov 7th, 2015 at 8:35am: Armchair_Politician wrote on Nov 7th, 2015 at 7:42am: By the way, this info is publicly available. Link please. Here's one. I can't remember where I found the others. But she's paid well over $500m in tax each year for the past 5 years or so... http://www.theaustralian.com.au/business/hancock-says-gina-rinehart-pays-more-tax-than-any-other-australian/story-e6frg8zx-1227116393886 This link has a paywall. Do you have a non-paywalled link?

I dont even subscribe to The Australian and i could read the article.

Crikey, how unusual, a business paying tax. How quaint!


;) :)

Jovial Monk wrote on Nov 7^th, 2015 at 12:02pm:

Crikey, how unusual, a business paying tax. How quaint! ;) :)

They should be paying less.

I pay tax as well.  Sorry but paying tax is to be expected, not congratulated. 

Armchair_Politician wrote on Nov 7^th, 2015 at 9:10am:

Vic wrote on Nov 7th, 2015 at 9:02am: Armchair_Politician wrote on Nov 7th, 2015 at 7:41am: Just thought you might like to know that over the past five years, Gina's mining business paid $2.9bn in tax. Thats far in excess of what any other Australian business paid the taxman. If the amount of tax she has paid is the correct and honest amount for the money the business earnt, then well done.   We also have to take into account subsidies paid by the australian taxpayer to assist the business. You also have to take into account the fact she buys Australian, mines in Australia, employs Australians and pays her taxes in Australia (as do her employees). The amount of tax she's paid over the past decade would probably pay for the Collins submarine fleet.

They build private jets in Oz?  All the equipment in Oz?

I think a full review of income etc needs to be undertaken.... not just a bald figure.

stunspore wrote on Nov 7^th, 2015 at 12:09pm:

I pay tax as well.  Sorry but paying tax is to be expected, not congratulated.

So you agree the GST should be increased?

???? Wrong topic to post to???

stunspore wrote on Nov 7^th, 2015 at 1:00pm:

???? Wrong topic to post to???

....but paying tax is to be expected Stun

Not sure how it relates to the original post...but whatever.