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Petroleum resource rent tax: 2006 legislative amendments

 
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Background

This document outlines amendments made to the Petroleum Resource Rent Tax Assessment Act 1987 including the purpose of each amendment and how each of them works.

The amendments, effective from 1 July 2006, are aimed at enhancing the efficiency of the petroleum resource rent tax system by reducing compliance costs, improving administration and removing inconsistencies.

Last Modified: Monday, 22 October 2012

 
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