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PETROLEUM RESOURCE RENT TAX ASSESSMENT ACT 1987 - SECT 94 Liability to pay instalments of tax

PETROLEUM RESOURCE RENT TAX ASSESSMENT ACT 1987 - SECT 94

Liability to pay instalments of tax

    For the purpose of securing generally the more expeditious collection of tax, a person is liable to pay, in accordance with this Division, 3 instalments of tax in respect of each year of tax of the person in relation to a petroleum project, being a year of tax commencing on or after 1   July 1987.