MINERALS RESOURCE RENT TAX ACT 2012 (REPEALED)
CHAPTER 2 - GENERAL LIABILITY RULES
Division 35 - Mining expenditure
Subdivision 35-A - A miner ' s mining expenditure
SECTION 35-10 GENERAL EXPENDITURE
35-10(1)
An amount of expenditure is included in a miner
'
s
*
mining expenditure
for a mining project interest for an
*
MRRT year
to the extent that the miner necessarily incurred the amount, in that year, in the carrying on (by the miner or another
*
entity
) of
*
upstream mining operations
for the mining project interest.
35-10(2)
The expenditure may be of either a capital or revenue nature.
This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.