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Treasury review of the petroleum resource rent tax: gas transfer pricing arrangements
Published on 01 Jul 21 by "AUSTRALIAN TAX FORUM" JOURNAL ARTICLE
Treasury has been directed to review the petroleum resource rent tax (PRRT) gas transfer pricing arrangements. Central to the process is a 2019 Treasury consultation paper that contains gas transfer pricing questions, and targeted to gain responses from a range of stakeholders. Issues raised in the public submissions to the Treasury consultation are considered, and include responses to Treasury questions about the underlying principles of the gas pricing mechanism.