To all of the forum's critics of the mining tax well done.

"Fossil fuel multinational Shell does not believe it will ever pay the Australian government a cent in resource taxes for the gas it draws from the country’s biggest gas project, Gorgon.

The projection about taxes on the gas, which is likely to be sold for billions of dollars a year, is contained in the company’s latest annual report, released last month, and was first reported by energy news website Boilingcold."

http://www.theguardian.com/business/2021/apr/12/shell-expects-to-pay-australia-no-resource-tax-on-gas-drawn-from-gorgon-project

And?

Dear Steele,

The following link is quite revealing:

http://www.thenewdaily.com.au/finance/finance-news/2019/12/12/tax-big-corporations-pay-none/

Did you even read the article? Read it all because the Graunaid on the Yarra hid the crux of the issue near the bottom. The fact is Shell will incur a PRRT liability for the gas but because they already have unused PRRT credits, they won't have to actually fork over the cash. But the main partner in the project, who presumably doesn't have as much unused tax credits, fully expects to pay PRRT on the Gorgon project.

When you have a company that is actually breaking the tax laws, then you have a story. Otherwise you just have uninformed whining.

Once again - here's big corporations that pay no tax:

http://www.thenewdaily.com.au/finance/finance-news/2019/12/12/tax-big-corporations-pay-none/

New analysis of ATO data has found that many of Australia's
top fossil fuel companies paid little or no income tax
for years.

Perhaps the ATO should be told to stop their "uninformed
whining?"

Lies by stating & twisting half truths is the main communication you can expect from a raving lefty.