great read Rotor...I'm showing my naivety by asking but i will anyhow (too old to be bothered) in one section Roger speaks about QLD coal royalty rates and gives a table based hypothetically on coal prices of $300 a tonne yielding a royalty of 16.5% or the equivalent of $49.50. my question to anyone who might know is as i understand things the company tax rate is 30% does the royalty payment of 16.5% then become a tax deduction? I'm certain there are some pointy heads out there who may know the answer.
great read Rotor...I'm showing my naivety by asking but i will...
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