Section 30‑45 Recoupment of payments that give r - Minerals Resource Rent Tax Act 2012 - 30‑45 Recoupment of payments that give rise to royalty credits — Zoe

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Minerals Resource Rent Tax Act 2012

30‑45 Recoupment of payments that give r30‑45 Recoupment of payments that give rise to royalty credits

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#### 30‑45 Recoupment of payments that give rise to royalty credits An amount is included in a miner’s \*mining revenue for a mining project interest for an \*MRRT year if the amount is an excess royalty recoupment mentioned in subsection 60‑30(2) for the interest. > Note: Royalty recoupments are generally applied to reduce royalty credits under section 60‑30\. However, if there are insufficient royalty credits the excess is mining revenue under this section.

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