One of the reasons for introduction of the RSPT was:
A) to use some of the tax revenue to reduce the impact of structural changes in the economy.
B) that Australians are paid more for minerals in the ground than their true value.
C) that the tax revenue would be put to top up the insurance premiums to assist with recovery from natural disasters.
D) to use some of the tax revenue to fund the government's foreign aid.
Correct Answer:
Verified
Q15: Which of the following statements is true?
A)A
Q16: The Minerals Resource Rent Tax is best
Q17: The super profits tax was:
A)announced, discussed and
Q18: The royalties:
A)reduce the output.
B)increase the incentive for
Q19: If the price is $100 per tone
Q21: The replacement of a per-tonne royalty with
Q22: An increase in royalty may decrease output
Q23: An increase in the resources super profits
Q24: One of the criticisms of the super
Q25: A decrease in the resources super profits
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