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04 Nov 11 The Tax Institute in the media

The Tax Institute was quoted in the Australian Financial Review on Wednesday 2 November 2011: "Experts at odds with PRRT law". The articles relates to the Government's plan to amend the petroleum resource rent tax to ensure it is levied at the point of sale rather than at an earlier stage. The Tax Institute says that retrospective legislation going back 21 years would exacerbate foreign investors' perception of sovereign risk of investing in Australia due to tax policy changes.


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