Special Taxation of the Mining Industry
The mining industry in Australia, and in most other countries, pay special taxes for the use of community owned resources in additional to taxes levied on businesses in general. General taxes include the corporate income tax, payroll and transaction taxes, and labour pay personal income taxes. In the states and territories the additional tax in most cases takes the form of a royalty levied as a tax on production, either as a specific tax per unit of production or as an ad valorem percentage of the value per unit mined. Details are in The Treasury (2008). In the case of offshore energy resources, the commonwealth imposes a special tax either as a royalty or as the petroleum resource rent tax (PRRT) (The Treasury, 2008).
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- Emerson, Craig & Lloyd, P J, 1983. "Improving Mineral Taxation Policy in Australia," The Economic Record, The Economic Society of Australia, vol. 59(166), pages 232-44, September.
- Alan J. Auerbach & Michael P. Devereux & Helen Simpson, 2008.
"Taxing Corporate Income,"
NBER Working Papers
14494, National Bureau of Economic Research, Inc.
- Ruud A. de Mooij & Sjef Ederveen, 2008.
"Corporate Tax Elasticities A Reader’s Guide to Empirical Findings,"
0822, Oxford University Centre for Business Taxation.
- Ruud A. de Mooij & Sjef Ederveen, 2008. "Corporate tax elasticities: a reader's guide to empirical findings," Oxford Review of Economic Policy, Oxford University Press, vol. 24(4), pages 680-697, winter.
- Garnaut, Ross & Clunies Ross, Anthony, 1975. "Uncertainty, Risk Aversion and the Taxing of Natural Resource Projects," Economic Journal, Royal Economic Society, vol. 85(338), pages 272-87, June.
- Boadway, Robin & Bruce, Neil, 1984.
"A general proposition on the design of a neutral business tax,"
Journal of Public Economics,
Elsevier, vol. 24(2), pages 231-239, July.
- Robin Boadway & Neil Bruce, 1982. "A General Proposition on the Design of a Neutral Business Tax," Working Papers 461, Queen's University, Department of Economics.
- Richard Dowell, 1981. "Auctions And Investment Dilution Alternatives To The Resource Rent Tax," Economic Papers, The Economic Society of Australia, vol. 1(67), pages 43-55, 08.
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