Original article by Perry Williams
The Australian – Page: 15 & 19 : 16-Sep-22

ExxonMobil’s Australian unit states it paid $740 million in petroleum resource rent tax (PRRT) for the year ending June, compared to $423 million for the previous year. Exxon Mobil contends that the PRRT amounts to a windfall tax, meaning that there is no need for a super-profits tax to be applied to the oil and gas sector, as the Greens and unions have called for. ExxonMobil announced in May that it would resume paying corporate tax for the first time in nearly 10 years, and it now states that it will pay $750 million in corporate tax for the year ending 31 December.

CORPORATES
EXXONMOBIL AUSTRALIA PTY LTD