Clive Palmer settles $90m tax office dispute over Sino shares CLIVE Palmer has settled a feud with the tax office over a $90 million tax bill while counting to see whether he won the Queensland seat of Fairfax continues. Mr Palmer challenged a ruling from the taxation commissioner that found he owes around $90m following his sale of iron ore royalties by his company Mineralogy to Citic Pacific who are building the $8 billion Sino Iron project in Western Australia.