how messy is that, page-4

I was referring to WPLs push off Australia into Israel and Myanmar, however there is a very serious issue with Australian taxation that is killing companies, investment and offshore interest.

See: Barnett and mining chiefs slam Gillard government

Also indicative of government greed is the end of the 50% Capital gains discount for non-residents. This will be a rather large deterrent to overseas investors, expat or whatever, to invest in Oz. The impact of the carbon tax and the cancellation of CGT discounts has yet to be felt but it will and it will not be limited to share trading but also property. Big crash coming in Oz. The government are going broke, over-spending and soon will get desperate.

You can also use a tax duty calculator to estimate duty. On MUX's 50,000,000 transfer for example - the tax should have been $2,855,525.00, so they were in the ballpark. 12 mill is absurd.

See: Transfer duty