Miscellaneous 2021

Treasury review of the petroleum resource rent tax: gas transfer pricing arrangements

Source: Australian Tax Forum Journal Article

Published Date: 1 Jul 2021

 

Treasury has been directed to review the petroleum resource rent tax (PRRT) gas transfer pricing arrangements. Central to the process is a 2019 Treasury consultation paper that contains gas transfer pricing questions, and targeted to gain responses from a range of stakeholders. Issues raised in the public submissions to the Treasury consultation are considered, and include responses to Treasury questions about the underlying principles of the gas pricing mechanism.

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