Clive Palmer’s Queensland Nickel Won’t Pay Carbon Tax Bill

Australian Mining reported that Clive Palmer has said his company, Queensland Nickel Pty Ltd., will not pay a $6.2-million carbon tax bill that the company incurred when it failed to pay for carbon units equivalent to 206,436 emissions back in June.

As quoted in the market news:

The carbon price was $23 per tonne of emissions but Palmer owes $29.90 per tonne as a penalty for not paying on time.

The Queensland billionaire, who was sworn into the new parliament today, told the National Press Club in Canberra that his company had no intention of paying the tax, The Australian reported.

The miner first announced he would appeal the carbon tax in March 2012, calling it unconstitutional.

‘We can justify it to our shareholders,’ he said today.

‘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.’

Click here to read the full Australian Mining report.