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Tax

In addition to company tax Federal PRRT (Petroleum Resource Rent Tax) is payable for offshore oil and gas and State royalties for mining in WA.
No winners from Shell’s $US17B Prelude floating LNG
Shell

No winners from Shell’s $US17B Prelude floating LNG

Shell's giant $US17B Prelude floating LNG is late, expensive, dirty and so far unreliable. An exclusive look at how a failed investment for Shell is a terrible deal for Australia.
May 15, 2020 — 10 min read
Chevron surrenders in $1B tax fight with ATO
=== from the archive ===

Chevron surrenders in $1B tax fight with ATO

Chevron has surrendered in its $1B fight over interest charged on inter-company loans, leaving an emboldened ATO ready to tackle more multinationals for a predicted $10B haul.
Aug 19, 2017 — 2 min read
Chevron tax tale crumbles under questioning
=== from the archive ===

Chevron tax tale crumbles under questioning

The credibility of estimates from US giant Chevron of the tax it will pay for its LNG production has been undermined by questions from the Senate committee on corporate tax avoidance.
Jun 14, 2017 — 3 min read
No support for tax minimisation fom Woodside
=== from the archive ===

No support for tax minimisation fom Woodside

Woodside does not support the use of artificial structures aimed at avoiding or minimising tax, the company’s CFO told a Senate inquiry.
Apr 29, 2017 — 1 min read
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