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

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.

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