Resources

The following information provides links to Australian Government legislation which underpins the collection of Australian Government resource taxes (for offshore petroleum, crude oil and offshore minerals). Legislation for onshore minerals and petroleum can be found at the states and territories webpage.

Petroleum taxation

Petroleum Resource Rent Tax (PRRT) revenues are collected under the Petroleum Resource Rent Tax Assessment Act 1987.

The following links provide access to legislation, amendments, court rulings and other related information:

• Petroleum Resource Rent Tax Act 1987
• Petroleum Resource Rent Tax Assessment Act 1987
• Petroleum Resource Rent Tax (Interest on Underpayments) Act 1987
• Petroleum Resource Rent Tax Assessment Regulations 2005
• Explanatory Memoranda: Petroleum Resource Rent Tax Assessment Amendment Act 2006 and Petroleum Resource Rent Tax (Instalment Transfer Interest Charge Imposition) Act 2006

Legislation relating to offshore petroleum can be found at Offshore Petroleum Regulation and Legislation webpage.

Further information relating to resources taxation legislation, such as interpretive decisions, case decision summaries, taxation rulings and case judgements can be found on the ATO legal database.

Crude Oil Excise

• Excise Act 1901
• Excise Tariff Act 1921
• Excise Tariff Amendment Act (No.2) 1993

Mineral taxation

• Offshore Minerals (Royalty) Act 1981