Review Chair: Michael Callaghan
On 30 November 2016, the Treasurer the Hon Scott Morrison announced a review into the design and operation of the Petroleum Resource Rent Tax, crude oil excise and associated Commonwealth royalties to provide advice on the extent to which they are operating as intended.
The review is being led by independent expert Michael Callaghan, with the support of a Secretariat within the Commonwealth Treasury.
The review has prepared a short note to prompt discussion. It provides some background on the relevant taxes and outlines views on key design and administration issues.
All interested parties are encouraged to make a submission by Friday 3 February 2017, responding to the issues outlined in the discussion note.
The review will report back to the Government by April 2017 with its recommendations.
Questions regarding the review may be directed to firstname.lastname@example.org.