RICH PICKINGS: Tinkler – from Whitehaven to tax haven?

We need to improve our children's education (RICH PICKINGS: Tinkler – from Whitehaven to tax haven? June 14).

Before we flock to Singapore to live perhaps we should have a closer look at the "few other benefits for billionaires of living in Singapore" against the background of local tax (RICH PICKINGS: Tinkler – from Whitehaven to tax haven? June 14).
I am no tax expert, but isn't the basis of Australian tax law that Australian citizens, wherever resident, pay Australian tax on their worldwide income, subject to receive a credit on foreign tax paid? If so, and subject to any special Australia Singapore treaty provisions, in principle Mr Tinkler would pay full Australian tax (though perhaps not the Medicare levy) on his worldwide, including Singaporean, income, subject to a credit for any Singapore or other tax paid. He should not be worse off for going to Singapore, but neither should he be better off.
Certainly, a 17 per cent company tax regime sounds attractive. However won't a shareholder, wherever resident, who remains an Australian citizen pay Australian tax on worldwide dividends, with no imputation credit, so the shareholder's effective rate remains much the same as one receiving Australian dividends from an Australian company-tax-paying company?
No doubt Mr Tinkler will have got tax good advice about his move to Singapore, but perhaps the tax advantages are not as simple as this piece suggests.
On another note, perhaps issues arising from Mr Severin's renunciation of his US citizenship are not as simple as Mr Thomson's piece makes them sound either. It remains to be seen if the US Internal Revenue Service is able to collect the tax apparently due under US law from Mr Severin resulting from the deemed disposal of all his assets the day before he renounced his citizenship, and the inheritance or gift tax due on Mr Severin's death or earlier disposal of any assets by gift.
The tax issues arising from the scenario Mr Thomson describes are more complex than would appear from his piece. And no doubt they are also more complex than my rather simplistic comments suggest.

Good riddance to coal barons like Tinkler, Rinehart and Palmer. They are greedily turning this country into a quarry, destroying forever our prime agricultural land and threatening our other magnificent resources such as the Great Barrier Reef (RICH PICKINGS: Tinkler – from Whitehaven to tax haven? June 14).
It is time to nationalise our coal industry like Norway, like Saudi Arabia. These billions belong to all Australians.

Tax avoidance is rife not just in Greece but Australia also (RICH PICKINGS: Tinkler – from Whitehaven to tax haven? June 14).

Nicholas (June 16, 12.37pm), sorry you're completely incorrect, tax is as simple as this piece suggests (RICH PICKINGS: Tinkler – from Whitehaven to tax haven? June 15). As a permanent resident of Singapore (non-resident of Australia for tax purposes), all non-Aussie income is taxed in my place of residence – Singapore. My only Aussie tax is on any Aussie earnings. This is the same for all Aussies, in contrast to US citizens, who pay US tax no matter where they are.