Exact(30)
That corner is our dependence upon a declining petroleum resource to satisfy our electrical power needs.
Details of amounts paid for the petroleum resource rent tax and the minerals resource rent tax are also included.
Thursday's report also details the amounts paid under the petroleum resource rent tax and the minerals resource rent tax.
The Turnbull government has announced a formal review of the petroleum resource rent tax regime, following a rapid decline in revenues from the tax.
The issue of companies accumulating large tax losses is controversial, especially in light of scrutiny of the petroleum resource rent tax.
Australia's petroleum resource rent tax (PRRT) applies to oil and gas projects but it was not originally fine-tuned for gas.
Similar(30)
Petroleum resources are scarce and renewable resources such as solar, wind and geothermal are plentiful.
All countries with petroleum resources levy additional resource taxes, which result in industry paying high taxes.
Technological advantages are becoming crucial in the race for petroleum resources.
At the time, the Russian government was striking a relatively open stance regarding its petroleum resources.
As mentioned above, petroleum resources are not distributed evenly around the world.
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