Leading GST / Indirect Taxes specialist Matthew Cridland joins DLA Piper as Partner in Sydney
DLA Piper is pleased to announce that Matthew Cridland has joined the firm's Tax team as a partner in Sydney. Matthew joins from KPMG, where he was a Director, providing advice to clients on a wide range of Goods and Services Tax (GST) related issues across a number of sectors, including Real Property, Energy and Resources, Public Private Partnerships, Telecommunications and Financial Services.
Andrew Forrest chairman of Fortescue Metals Group believes the Australian Federal Government’s estimated $10.6 billion mining tax revenue is a “charade”. Cheap Ugg Boots on Sale in Ugg Boots UK Store.Welcome to Ugg Boots Sale Sale store.
Mr Forrest argues the figure is unpredictable at this stage. ''I would say we will pay between zero and $50 million of MRRT sometime in the next five years - I am not sure when it is and it will depend on iron ore prices. But will it raise the $10 billion? No,''.
Marius Kloppers, chief executive of BHP Billiton supports the claim that the mining tax figures are unclear. BHP, Xstrata and Rio Tinto are expected by the Treasury to account for 90% of the revenue raised.
Mr Forrest is still proceeding with talks to challenge the mining tax in the High Court.
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