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Proposed changes to the Approved Royalty Incentive
Summary of changes to the EEIA Bill 2023 and Income Tax Act 1947 to reflect the changes to the Approved Royalty Incentive.
This alert summarises changes to the Economic Expansion Incentives (Relief from Income Tax) (Amendment) Bill 2023 and consequential amendments to the Income Tax Act 1947 to reflect the changes to the Approved Royalty Incentive.