CTHRepealedAct
Minerals Resource Rent Tax Act 2012
200‑1 What this Division is about200‑1 What this Division is about
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#### 200‑1 What this Division is about
A miner can choose to use the simplified MRRT method for an MRRT year if the miner’s group profit is below certain limits.
If the miner chooses to use the method, the miner has no MRRT liabilities for the year, and any allowance components for a mining project interest or a pre‑mining project interest cease to exist.
Table of sections
Operative provisions
200‑5 Effect of the simplified MRRT method
200‑10 Choosing to use the simplified MRRT method
200‑15 Working out an entity’s profit for simplified MRRT method purposes