CTHRepealedAct
Minerals Resource Rent Tax Act 2012
140‑1 What this Division is about140‑1 What this Division is about
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#### 140‑1 What this Division is about
If an entity’s pre‑mining revenue for a pre‑mining project interest exceeds its pre‑mining expenditure, the excess is usually treated as a mining profit for a mining project interest.
Mining royalties can give rise to royalty credits for a pre‑mining project interest.