28 Jun 12 ATO administrative decisions during MRRT and PRRT transition
The Commissioner of Taxation is proposing to make an administrative decision to provide MRRT taxpayers with more time to make and notify the ATO of a consolidation choice and new PRRT taxpayers with more time to notify the ATO of a consolidation choice.
The proposed decision would assist industry members to fulfil their obligations during transition to the new resource rent tax arrangements.
This proposed decision responds to concerns raised by industry through the National Tax Liaison Group Resource Rent Tax Sub-committee and reflect consultation with industry and the tax profession.
For more information and a table of new dates, go here