Originally posted by 6000
Originally posted by Deet
According to Australian Taxation laws, no one gets to keep 100% of their money.
Ryan is very likely paying nearly half of his salary in tax.
As a shareholder I see Ryan as a team player.
He has put most of his pay back into the company.
Where is Ryan paying his taxes Deet? In Australia?
No - to the Solomon Islands , of course !
He resides there , in the Solomons, is married to a local SI woman ( who is standing for Parliamentary election - in the upcoming March SI historic elections ?)
He is paid , in the Solomons , and the taxes are very high I was told reliably last year when enquiring .
***I think 50c from every $1 . Half basically - is paid in taxes to the SI Govt . Only half gained .
*** effectively - we as shareholders , paying wages to the CEO and locals there , significant monies — were , are
subsidising SI taxes .
I’m pretty wild at them .
The country is unreliable , and sadly must see they are being left behind more internationally .
I very much hope for better outcomes for the young people there who need a future .
And the End for corrupt politicians and bureaucrats , and people holding serious positions and responsibilities!
** The SI Govt has been very poor in their management, and i think criminal behaviour here ??? ... wrt person or persons involved in the Mines ministry and likely mines and minerals commitee as well .
( the mines minister - will have to answer no doubt to what has occured . )
RM , Axiom ceo , has a family , small children- Solomon Islands now .
No way would his wages be subject to Australian taxes unless he had income here . All the best .
