#### 10‑15 The effect of low profits on a miner’s liability for MRRT If the miner has an offset under section 45‑5 or 45‑10 for the \*MRRT year, the amount of MRRT that the miner must pay for the MRRT year is reduced by the amount of the offset. > Note 1: For low profit offsets, see Part 2‑4. > Note 2: A miner is not liable to pay MRRT for the MRRT year if the miner has chosen to use the simplified MRRT method under Division 200.

Previous section10‑10 MRRT allowances10‑10 MRRT allowances Next section10‑20 Payment of MRRT10‑20 Payment of MRRT

Section 10‑15 The effect of low profits on a min - Minerals Resource Rent Tax Act 2012 - 10‑15 The effect of low profits on a miner’s liability for MRRT — Zoe