#inpex — Public Fediverse posts

The chief executives of major gas companies have declined a request to personally appear at hearings at a parliamentary inquiry into the sector’s tax settings.

The bosses of #Woodside, #Chevron, #Santos, #Inpex, #Shell & #ConocoPhillips to front the inquiry, which is examining the case for replacing the petroleum resource rent tax (PRRT) with a flat 25% tax on export revenue.

But the companies have rejected the request, instead sending senior executives & policy staff to face questions #auspol

The chief executives of major gas companies have declined a request to personally appear at hearings at a parliamentary inquiry into the sector’s tax settings.

The bosses of #Woodside, #Chevron, #Santos, #Inpex, #Shell & #ConocoPhillips to front the inquiry, which is examining the case for replacing the petroleum resource rent tax (PRRT) with a flat 25% tax on export revenue.

But the companies have rejected the request, instead sending senior executives & policy staff to face questions #auspol

The chief executives of major gas companies have declined a request to personally appear at hearings at a parliamentary inquiry into the sector’s tax settings.

The bosses of #Woodside, #Chevron, #Santos, #Inpex, #Shell & #ConocoPhillips to front the inquiry, which is examining the case for replacing the petroleum resource rent tax (PRRT) with a flat 25% tax on export revenue.

But the companies have rejected the request, instead sending senior executives & policy staff to face questions #auspol

The chief executives of major gas companies have declined a request to personally appear at hearings at a parliamentary inquiry into the sector’s tax settings.

The bosses of #Woodside, #Chevron, #Santos, #Inpex, #Shell & #ConocoPhillips to front the inquiry, which is examining the case for replacing the petroleum resource rent tax (PRRT) with a flat 25% tax on export revenue.

But the companies have rejected the request, instead sending senior executives & policy staff to face questions #auspol

The chief executives of major gas companies have declined a request to personally appear at hearings at a parliamentary inquiry into the sector’s tax settings.

The bosses of #Woodside, #Chevron, #Santos, #Inpex, #Shell & #ConocoPhillips to front the inquiry, which is examining the case for replacing the petroleum resource rent tax (PRRT) with a flat 25% tax on export revenue.

But the companies have rejected the request, instead sending senior executives & policy staff to face questions #auspol

@ApaulD Absolutely infuriating. While Norway built a $350B sovereign wealth fund by taxing gas at 78%, we let Inpex extract $36 billion in revenue and pay basically nothing. They literally admitted to "optimising" tax through corporate restructuring—ie, deliberately dodging obligations—while we subsidised their infrastructure with billions in public money.
This is extractive capitalism at its worst: socialise the risk and costs, privatise the profits, export the resources that belong to all of us, and leave Australians with crumbs. The PRRT is a complete joke—no gas company has ever paid it on exported gas.
We desperately need a resource super profits tax modeled on Norway, not this neoliberal giveaway to foreign multinationals.

#auspol #taxjustice #corporategreed #gascartel #extractivecapitalism #prrt #inpex #norway #resourcetax #australia #multinationaltax #anticapitalism

https://www.europesays.com/ie/259181/ NT Environment Protection Authority orders Santos, Inpex licence conditions review #barossa #darwin #Éire #Emissions #Environment #EnvironmentProtectionAuthority #GasField #Health #IchthysLngFacility #IE #inpex #Ireland #NtEpa #NtGovernment #Review #santos #Science