MINERALS RESOURCE RENT TAX ACT 2012 [ REPEALED]

CHAPTER 3 - MRRT ALLOWANCES  

PART 3-7 - TRANSFERRED MINING LOSS ALLOWANCES  

Division 100 - Transferred mining loss allowances  

Guide to Division 100  

SECTION 100-1   100-1   WHAT THIS DIVISION IS ABOUT  

A miner ' s MRRT liability for a mining project interest may be reduced by mining losses from one or more other mining project interests.

The interests must satisfy a common ownership test from the year the loss arises to the year the loss is applied.


TABLE OF SECTIONS
TABLE OF SECTIONS
Operative provisions
100-5 Object of this Division
100-10 When a miner has a transferred mining loss allowance
100-15 The amount of a transferred mining loss allowance
100-20 Available mining losses
100-25 Common ownership test




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