MINERALS RESOURCE RENT TAX ACT 2012 [ REPEALED]

CHAPTER 4 - SPECIALIST LIABILITY RULES  

PART 4-6 - INTEGRITY MEASURES  

Division 210 - Anti-avoidance  

Guide to Division 210  

SECTION 210-1   210-1   WHAT THIS DIVISION IS ABOUT  

This Division applies to deter schemes that give entities MRRT benefits by reducing MRRT liabilities or increasing offsets the entity has under this Act.

The Division applies if an entity gets an MRRT benefit from a scheme, and the sole or dominant purpose of that entity or another entity entering into the scheme was to give that entity or another entity an MRRT benefit (or an MRRT benefit and one or more other taxation benefits).

The Commissioner may negate the MRRT benefit an entity gets from the scheme by making a determination.




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