MARKETS

PRRT rose 5% over prior financial year

PETROLEUM Resource Rent Tax is up for the 2020-21 financial year over the prior period according to the Australian Tax Office. 

PRRT rose 5% over prior financial year

The corporate tax transparency report found there were 10 companies paying a total of $926 million, a rise of 5% from $881.1 million the prior year, despite 12 companies paying PRRT in 2019-20.    ...

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