ESG 0.00% 86.5¢ eastern star gas limited

austgov website - detailed explanation of rspt

  1. 82 Posts.
    http://www.deewr.gov.au/Department/Documents/Files/Announcement%20document.pdf

    The most useful document I have found on the working of the RSPT is in the link above.

    IMO RSPT calculation is quite complex and details have to be worked out after a conultation phase with industry. I suspect that if the tax was better explained at its launch and the media better briefed on a weekday a more rational debate would have ensued.

    DB

    DYOR and I am not an accountant so I cannot really offer in depth comments. I did note that the RSPT will be tax deductable for incoem tax purposes. I have not seen this in the media coverage before... Suggests this is far more complex tax situation.
 
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