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tax avoidance...

tax avoidance

NEW MP Clive Palmer has dared the Australian Taxation Office to sue his company Queensland Nickel to recover $6.2 million in unpaid carbon tax.

The wealthy Queenslander, who claims to have "retired" from business, said the company would not pay the bill, which it was appealing in the High Court.

"We can justifty it to our shareholders," he told the National Press Club in Canberra today following his swearing in in the new parliament.

"And the government, if they think they're owed the taxes, they should commence legal proceedings against us.

"We've commenced legal proceedings in the High Court of Australia against them."

PORTRAIT: Clive, tyrannical bully

REPLY: I swear, but I'm no bully

Mr Palmer today said he was not the decision maker in any of his companies but merely an "investor".

He said he would not divest himself of any of his business holdings, and maintained he had no conflicts of interest between his personal and political roles.

Earlier, Mr Palmer missed his first vote of the new parliament when he was absent from the chamber for a division to decide the new speaker.

http://www.theaustralian.com.au/news/investigations/clive-palmer-challenges-ato-saying-he-wont-pay-62m-in-carbon-tax/story-fnk76wj3-1226758134924

 

Gus: as the signwriter, I can write what I bloody well like... If anyone and everyone started to choose which taxes we paid or not, we would be in trouble.

THE CARBON "TAX" (PRICING) whether we like or not is still a legitimate tax that cannot be degraded or eliminated retrospectively. But Palmer is going to do his best to destroy it retrospectively and TONYBULLY MIGHT OBLIGE (10 billion cost which might be included in that raising the debt to 500 billions by Joe Humpty). This by itself, shows that while he is a member of parliament, Palmer (who does not really need this MP salary and PERKS) is ALSO A TAX CHEAT. WELCOME!!!!!

Under his debonair charming LARGE looks and demure behaviour, PALMER IS A FULL-ON TAX CHEAT that has no place in parliament and should be in prison. If I did the same stunt for $2.50, the tax department would fall upon me like a tonne of bricks... 

Come on Tax Department, show you have the balls!!! Take Palmer to court!

abstaining from the elixir...

 

Federal parliament held its first full business day under new Prime Minister Tony Abbott on Wednesday, when the government introduced laws to scrap the carbon and mining taxes.

Mr Palmer's Palmer United Party (PUP) had campaigned to remove the carbon tax and repay carbon tax payments from big polluting companies for their first year of liabilities.

"I'll be abstaining from voting on the carbon tax and the mining tax repeal bills, and the reason I wasn't in parliament this morning was that they were introduced," Mr Palmer told reporters in Canberra.

"I don't think I need to abstain. However, I don't want to have a perception from anybody that I'm acting in the wrong way."

Mr Palmer's company Queensland Nickel is refusing to pay a $6.2 million carbon tax bill and is challenging the tax in the courts.

The first votes of the new parliament were procedural, after Labor attempted to force Immigration Minister Scott Morrison to explain reports that the government is negotiating a new people-swap deal with Indonesia. Labor also moved a motion of dissent in new Speaker Bronwyn Bishop.

http://news.ninemsn.com.au/national/2013/11/13/12/55/palmer-abstains-on-carbon-tax-repeal-bills

 

no love in his business...

A Chinese company in business with federal MP Clive Palmer has warned that his aggressive behaviour could force other Chinese investors to reconsider putting money into his other ventures.  

CITIC Pacific's president Zhang Jijing told Four Corners that Mr Palmer's behaviour would be closely examined by the business community.

"As part of due diligence, naturally we would expect prospective Chinese investors in Mr Palmer's other interests to take a close look at our experiences. They can draw their own conclusions," he said in a statement to the program.

Mr Palmer is currently in what was described as a "poisonous" legal dispute with Chinese state-owned CITIC Pacific over royalty payments in a huge iron ore development in Western Australia. The Sino Iron project is the largest ever Chinese investment in Australia.

But Mr Palmer rejected suggestions his behaviour towards CITIC would deter future Chinese investors in his ventures.

"You have to understand that people don't invest out of love. I get married out of love; I have children out of love," Mr Palmer told Four Corners.

http://www.abc.net.au/news/2013-11-25/clive-palmer-china-dispute-investment-citic-mining/5113378