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The resource exploration rebate may (RER) may support very well...

  1. 612 Posts.
    The resource exploration rebate may (RER) may support very well some small companies like BUY. That super profit tax is a blow on the big ones, not the likes of BUY, that don't make super profits (yet) imo. From an article about the geothermal sector:

    "The changes would be particularly beneficial to smaller companies which under existing rules do not get a tax benefit from deductible exploration expenses until they become profitable."

    http://www.standard.net.au/news/local/news/general/geothermal-boost/1820663.aspx


 
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