30 Apr 12 ATO information on the MRRT and the extension of the PRRT
The ATO has published the following documents, all of which were finalised before the relevant Bills received Royal Assent. The new laws come into effect on 1 July 2012.
- The ATO's administrative approach to resource rent tax examinations of joint ventures
- Proposed resource rent tax arrangements - ATO's approach to administrative penalties during the transitional period
- Administration of minerals resource rent tax (MRRT) instalments for the transitional period