Published on 25 Oct 10
by WESTERN AUSTRALIAN DIVISION, THE TAX INSTITUTE
This paper covers:
- overview of the MRRT
- the MRRT principles
- the MRRT will apply to coal and iron ore projects
- calculation of MRRT taxable profit
- MRRT deductible expenditure.
James is a Partner with KPMG, and has been advising on corporate and international tax for over 20 years. In recent years, James has worked with clients in the finance, manufacturing, entertainment and natural resources sectors to manage their tax obligations in relation to international tax matters as they relate to acquisitions, divestments, permanent establishment, withholding tax and on-going residency issues. James is a regular presenter for the Tax Institute and other industry tax bodies.
- Current at
23 October 2019
Nathan is a Partner in KPMG’s Perth tax practice with over 13 years’ experience servicing the corporate tax
requirements of KPMG’s clients. He leads a team of dedicated tax professionals in advising on income tax and capital gains
tax matters affecting the energy and natural resources industries in Australia and overseas including oil and gas projects in
the Timor Sea and North West Shelf. Nathan also leads the Perth office’s petroleum royalty practice. Nathan’s clients in the
industry include CNOOC Limited, Itochu Corporation and Mitsui Corporation.
- Current at
16 June 2010