MINERALS RESOURCE RENT TAX ACT 2012 [ REPEALED]

CHAPTER 2 - GENERAL LIABILITY RULES  

PART 2-5 - PAYMENT OF MRRT  

Division 50 - How to work out when to pay MRRT  

Guide to Division 50  

SECTION 50-1   WHAT THIS DIVISION IS ABOUT  

Assessed MRRT that a miner is liable to pay, and any associated interest charges, must be paid to the Commissioner by the time provided under this Division.

Note 1:

For payment of instalments, see Division 115 in Schedule 1 to the Taxation Administration Act 1953 .

Note 2:

For provisions about the collection and recovery of MRRT and other tax-related liabilities, see Part 4-15 in Schedule 1 to the Taxation Administration Act 1953 .


TABLE OF SECTIONS
TABLE OF SECTIONS
Operative provisions
50-5 When assessed MRRT is payable
50-10 When shortfall interest charge is payable
50-15 General interest charge payable on unpaid assessed MRRT or shortfall interest charge




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