35‑50 Financing costs35‑50 Financing costs

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35‑50 Financing costs

An amount of expenditure is excluded expenditure to the extent that it relates to: (a) an *arrangement that gives rise to a *financial arrangement; or (b) an *equity interest that is a financial arrangement; or (c) a *scheme that gives rise to an equity interest issued by the miner.

Note: Examples:

(a) borrowing costs, exit fees or interest payments relating to a loan, or repayments of principal; and
(b) payments of dividends or payments for buying back or cancelling shares.

Section 35‑50 Financing costs - Minerals Resource Rent Tax Act 2012 - 35‑50 Financing costs | Zoe