Non-renewable resource taxation: policy reform in Australia

摘要: In July 2010, the Australian Government announced that, effective from 1 2012, petroleum resource rent tax will apply to all offshore and onshore oil gas projects (including liquefied natural coal seam projects), a minerals iron ore projects. State/territory governments mainly ad valorem royalties gas, projects; these royalty payments be creditable under Government’s taxes. This paper argues that hybrid system allows collect minimum return non-renewable through share of higher-profit rent-based tax. also provides updated expanded estimates potential shortfall in taxation revenue over period 1992–1993 2009–2010 by comparing actual with range hypothetical Brown