Published in March 1979, Resources Rent Taxes by Dr Susan Bambrick discussed the rationale behind the Government's consideration of a resources tax, the theoretical application of a resources tax, the political aspect of the debate and competition for revenue.
In this publication, Dr Bambrick recommends that a profit-based tax on non-renewable energy resources should only be contemplated if it replaces all federal and state levies, royalties and other imposts (excluding federal income tax). If introduced, it should be on a company-wide basis, including subsidiaries, she said.
Read Resources Rent Taxes (pdf)