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Iran war derailed talks to claw back billions in tax credits paid to miners
Key takeaways
- Mining companies receive billions in refunds on taxes paid on diesel each year.
- Reducing the tax credit paid back to miners was on the table before the Iran war derailed government discussions.
- Energy Minister Chris Bowen said the government decided not to change the fuel tax credit this financial year.
Why this matters: an international story with cross-border implications worth tracking.
Mining companies receive billions in refunds on taxes paid on diesel each year. (AAP: Dan Peled)
Reducing the tax credit paid back to miners was on the table before the Iran war derailed government discussions.
Energy Minister Chris Bowen said the government decided not to change the fuel tax credit this financial year.
Article preview — originally published by ABC Australia. Full story at the source.
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