Minerals RR Tax - High Court challenge fails

Pies4shaw · pies4shaw Joined: 08 Oct 2007

The High Court has just dismissed the Fortescue Metals Group Limited challenge to the Minerals Resource Rent Tax.

The (1 page) unofficial summary from the High Court is at the following link: http://www.hcourt.gov.au/assets/publications/judgment-summaries/2013/hca34-2013-08-06.pdf

If anyone is interested in the detail, the full reasons for judgment are at this link: http://www.austlii.edu.au/au/cases/cth/HCA/2013/34.html

Tannin · Posted: Wed Aug 07, 2013 11:16 am

Cheers P4S. No surprise there, it was a stupid move on Forest's part in the first place and surely never stood any chance of success. I thought that there was supposed to be a filter system of some sort to stop worthless cases like this one making it past the circular file and letting the courts get on with important work, but it obviously doesn't work too well.

watt price tully · Joined: 15 May 2007

Does Fortescue Mining get to claim their legal fees as a tax deduction?

Pies4shaw · pies4shaw Joined: 08 Oct 2007

Tannin · Posted: Wed Aug 07, 2013 2:31 pm

^ ahh. Thankyou.

watt price tully · Joined: 15 May 2007

Fortescue mining takes legal action with support from the WA & QLD governments.

I want to see WA, QLD & Fortesque mining bang on about Government waste. Wink

Pies4shaw · pies4shaw Joined: 08 Oct 2007

^^^ Just another public/private partnership, perhaps?