Petroleum Resource Rent Tax Assessment Amendment Act 2012 (18 of 2012)
Schedule 4 Starting base for onshore petroleum projects and the North West Shelf project
Part 2 Other amendments
Petroleum Resource Rent Tax Assessment Act 1987
51 Clause 5 of the Schedule (paragraph (a) of the definition of notional taxable profit )
After "class 2 GDP factor expenditure", insert ", resource tax expenditure, acquired exploration expenditure, starting base expenditure".
Copyright notice
© Australian Taxation Office for the Commonwealth of Australia
You are free to copy, adapt, modify, transmit and distribute material on this website as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).
