Australian oil and gas industry’s tax payments set to triple

Indonesia Berita Berita

Australian oil and gas industry’s tax payments set to triple
Indonesia Berita Terbaru,Indonesia Berita utama

The Australian oil and gas industry is expected to triple its tax payments to the government from the last financial year, with companies projected to pay $6 billion in windfall taxes, excise, and royalties.

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The surge in government contributions is largely due to a rise in income tax

resulting from record liquefied natural gas exports and higher commodity prices.

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