MINERALS RESOURCE RENT TAX ACT 2012 (REPEALED)
The return on the miner ' s capital costs for the * MRRT year is as follows:
where:
total adjustable values
is the sum of the amounts that would be, for that year, the
*
opening adjustable values
of the assets to which section
175-40
applies if the assumptions mentioned in subsection
(3)
of that section were made.
175-45(2)
However, that amount is reduced to the extent (if any) that, during the year, those assets are not used, * installed ready for use or being constructed for use in operations that satisfy paragraphs 175-40(1)(b) and (c) .
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