Eike Batista hit with huge tax bill

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Garick

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Eike Batista hit with huge tax bill

posted on Jan 11, 2013 09:12PM

MMX hit with $1.8 billion dollar tax bill. It appears to me, Eike Batista is out of the running to buy out SFMI.

http://www.mining-journal.com/finance/mmx-slapped-with-us$1.8bn-tax-fine

My biggest fear isn't PQ failing to get SFMI to become a major mining operation. Its our own government putting up fence after fence of regulations.

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