MINERALS RESOURCE RENT TAX ACT 2012 [ REPEALED]
A miner can choose to use the simplified MRRT method for an MRRT year if the miner ' s group profit is below certain limits.
If the miner chooses to use the method, the miner has no MRRT liabilities for the year, and any allowance components for a mining project interest or a pre-mining project interest cease to exist.
|200-5||Effect of the simplified MRRT method|
|200-10||Choosing to use the simplified MRRT method|
|200-15||Working out an entity ' s profit for simplified MRRT method purposes|