The Tax Office has released the following guides on the MRRT and PRRT:
- Notification of change to minerals resource rent tax (MRRT) registration
- Consolidation for MRRT purposes
- Notification of choice made to consolidate for MRRT
- Administrative decisions – nil rate determinations re instalments for MRRT
- ATO’s administrative approach to PRRT
- Who PRRT affects
- Introduction to PRRT
- Introduction to the extension of the PRRT
- Key concepts and development of PRRT
- PRRT updates
- Starting base for PRRT
- Calculating PRRT liability
- Combining PRRT projects
- Consolidation of interests in a PRRT project
- Assessable receipts re petroleum projects
- Deductible expenditures re petroleum projects
- Getting help from the ATO re meeting PRRT obligations
- Lodging, reporting and paying PRRT
- Record keeping requirements for PRRT
[LTN 126, 3/7]