PPRuNe Forums - View Single Post - Hevilift Png
Thread: Hevilift Png
View Single Post
Old 2nd Sep 2008, 21:39
  #24 (permalink)  
heliduck
 
Join Date: Sep 2005
Location: On top of the Longline
Posts: 318
Likes: 0
Received 1 Like on 1 Post
Airborne Energy Solutions are looking at a deal where a small amount is paid in Kina & the rest in AUD for the "Pacific" contract. I hope they succeed, both for the operators & pilots sake, & maybe the other operators could look at a similar option. Quoting Gullibell at an approximate rate of 40% tax (& I know he is very close to the mark) you need a pretty high salary to make the take home pay reasonable.

Maybe Hevilift should continue to hang on to the tax dollars(allegedly), 'cause if the PNG govt get hold of the cash it'll probably all end up as private real estate in Cairns anyway!!
heliduck is offline