What you need to know

Detailed information about working out Petroleum resource rent tax.

How entities can transfer exploration expenditure from one project to reduce the PRRT liability of another project.

Detailed information you need to know about combining or transferring Petroleum resource rent tax projects.

What taxpayers can expect when the ATO examines a joint venture arrangement for the petroleum resource rent tax (PRRT).

Petroleum resource rent tax (PRRT) obligations, including returns, instalments and key dates.

Taxpayers need to maintain detailed records in order to claim deductions.