Australia

Details

  • Service: Tax, Topics, Tax Reform, Resource Taxation
  • Industry: Energy & Natural Resources, Mining
  • Type: Business and industry issue
  • Date: 2/07/2012

Resource Taxation: 10-point MRRT readiness checklist for directors/executives 

The Minerals Resource Rent Tax (MRRT) is among the most complex and exacting of the many regulatory changes currently facing directors of Australian companies.

As the tax takes effect, mining companies need to be aware of the new requirements under the law, and feel confident they have undertaken appropriate steps to mitigate compliance and reporting risks.

 

This checklist provides an overview for Australian directors and executives about the MRRT and the regulatory changes that came into effect on 1 July 2012.

 

Resource Taxation

We look at the resource tax landscape which is experiencing significant change with the repeal of the MRRT and amendments to the PRRT.

Tax

Our Tax Team assists with corporate tax, transfer pricing, indirect tax, international executive services, R&D incentives, superannuation and more.

Energy & Natural Resources

KPMG’s ENR practice provides a wide array of audit, tax and advisory services to all key sectors including Mining and Oil & Gas.