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  2011

MRRT: The more you dig, the more to explore!

Source: Western Australia

Published Date: 13 Jul 2011

 
The Federal Government has now released the preliminary exposure draft legislation (with draft explanatory material) to put in place the Minerals Resource Rent Tax ("MRRT"?).

Although the preliminary exposure draft legislation is still subject to ongoing consultation, it establishes the core framework for the operation of the MRRT.

This event provided an overview of the preliminary exposure draft legislation and some of the key issues facing taxpayers affected by the MRRT, which include:

  • definition of a project
  • calculation of mining revenue
  • starting base allowances.

This event also considered implementation strategies.

MRRT: The more you dig, the more to explore

Author(s): Caroline Walker ATI , David Ocello CTA
Materials from this session:

Details

  • Published On:13 Jul 2011
  • Took place at:Perth Convention & Exhibition Centre, Perth

The material is copyright. Apart any fair dealing for the purpose of private study,

research critisism or review, as permitted under the copyright Act, no part may be rerpoduced by any process without written permission from The Tax Institute.

Unless expressly stated, opinions are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

This material is copyright. Apart from any fair dealing for the purpose of private study., research, critisism or review, as permitted under teh copyright Act, no part may be reproduced by any process without written permission from The Tax Institute.

Unless expressly stated, opininons are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

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