OilPrice
Australia’s state coffers have seen a record-high tax haul from the oil industry following amendments to tax legislation that companies used to claim higher costs and lower taxes. For fiscal 2022-23, the Australian Tax Office received A$11.6 billion in tax payments from the oil and gas industry…
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Australia Tax Overhaul Brings in Billions From Big Oil
Larisa Kucera
14:22
Australia’s state coffers have seen a record-high tax haul from the oil industry following amendments to tax legislation that companies used to claim higher costs and lower taxes. For fiscal 2022-23, the Australian Tax Office received A$11.6 billion in tax payments from the oil and gas industry…
