Proposed extension to the petroleum resource rent tax

On 2 November 2011, the government introduced the extension to the petroleum resource rent tax (PRRT) legislative package into Parliament. To help taxpayers understand how the ATO may practically administer the proposed extension to the PRRT, the ATO is progressively issuing early guidance for public comment.

Introduction to early guidance

Foreword from the Commissioner

Foreword from the Commissioner of Taxation, Mr Michael D'Ascenzo, about early guidance on the proposed resource rent tax arrangements.

Proposed extension to petroleum resource rent tax early guidance

Early guidance is a new product type. Developed for community consultation before law is passed, it is aimed at helping industry understand the practical administration of the law by the ATO.

Foreword from the Commissioner

Foreword from the Commissioner of Taxation, Mr Michael D'Ascenzo, about early guidance on the proposed resource rent tax arrangements.

Proposed extension to petroleum resource rent tax early guidance

Early guidance is a new product type. Developed for community consultation before law is passed, it is aimed at helping industry understand the practical administration of the law by the ATO.