Released early, tonight for some reason.
"With the exception of the finance & insurance industry, all industries pay a less than proportionate amount of tax, relative to their contributions towards gross operating surplus. The standout industries are mining and electricity, gas and water — the latter is of particular note with a contribution of less than 1 per cent to corporate tax collections for the 2004-05 financial year, but 7 per cent of corporate gross operating surplus."
Disparities in Average Tax Rates
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. So what effective tax rates do mining companies actually pay?
. Okay so no-one likes to part with profit, but the mining fight is becoming a spectator sport
. It's not a tax, it applies to more than super profits, so how did so many people get it so wrong?
. Henry to miners: no compromise on where the tax kicks in
. We'll still be mining
