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Australian mining companies have paid little or no corporate income tax in PNG despite huge profits

  • 📰 The Guardian
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The Pacific country’s concessionary tax system leads to ‘undertaxed’ resource sector and ‘no equity’ for people in Papua New Guinea

have reported losses on their annual reports for the past several years. Neither company could be reached for comment.‘Poor tax design’Diane Kraal, a senior lecturer at Monash University, was appointed by the PNG government to research petroleum and mining tax reform in the country in 2014.

 

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Colonialism persists

Classic

AUSTRALIA was the former colonial occupier... supposedly on behalf of BRITAIN...

Neither has any Canadian one in Mexico

CallumDRFoote Ok Tedi EnvironmentalVandals biodiversity ExtinctionRebellion

Quelle surprise!

Koalas fault

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