Big Oil, little tax: Why the fossil fuel giants didn't complain about the resource tax

SYDNEY MORNING HERALD
Elizabeth Knight
1 December 2016

How can the government know the Petroleum Resource Rent Tax is being rorted by companies? Easy: The petroleum industry isn't complaining about it. Oil and gas companies are not lobbying to have it changed or removed.

Even if you know nothing about taxation, this is usually a fool-proof measure that can be employed to determine if a tax is raising the appropriate amount of revenue.

> Read more: http://www.smh.com.au/business/energy/big-oil-little-tax-why-the-fossil-fuel-giants-didnt-complain-about-the-resource-tax-20161130-gt0rzo.html