| 8 Million? Found three in the news Orica, Penrice Soda and Clives Nickel. I remembered hearing about a few in the news at the time and went looking for it. Not sure if Orica is the one you meant. But if it is, the links really do tell a story about the kind of information presented in the media as an immediate and memorable headline, versus the backstory which plays out over a number of years. TLDR: This company got more in rebatement that they spent, any actual losses were as a result of poor enviromental and safety practices, and they also got caught for some $30m for tax avoidance. https://www.australianmining.com.au/news/orica-to-pay-8-mill... https://www.afr.com/companies/financial-services/carbon-tax-... https://www.smh.com.au/environment/orica-gains-from-past-as-... https://www.orica.com/ArticleDocuments/301/2013_Full-Year-Re... https://www.smh.com.au/business/companies/orica-announces-19... https://www.smartcompany.com.au/finance/economy/orica-fined-... https://www.smh.com.au/business/companies/orica-profits-hit-... edit:
Here are some links for Penrice Soda. Turnover $137m, claimed they had to pay $8m in carbon tax, actual bill was $1.9m, never paid. Closed their plant, went into administration a year or two after. Company was trading insolvent. https://www.abc.net.au/news/2013-01-18/penrice-soda-pulls-pi... https://www.news.com.au/tablet/carbon-tax-hurts-say-ailing-f... http://www.ferret.com.au/c/Ferret-www-ferret-com-au/Penrice-... https://www.smh.com.au/business/penrice-soda-goes-into-admin... https://www.smh.com.au/business/penrice-soda-traded-while-in... |