Work out PRRT
Detailed information about working out Petroleum resource rent tax.
How an entity calculates the petroleum resource rent tax (PRRT) liability for a project.
Certain receipts are assessable under PRRT. The most significant assessable receipts is when petroleum is sold.
How to apportion payments for PRRT which are made to procure services from related and unrelated entities.
Information on the different categories of eligible real expenditure for the petroleum resource rent tax (PRRT).
How to apportion a payment under the PRRT law to work out the extent that it is deductible expenditure.
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