Taxpayers to pay for oil spill clean-ups under petroleum resource rent tax

Treasury confirms companies would be able to claim tax deduction for expenses incurred from cleaning up pollution

Australian taxpayers will be forced to subsidise the clean-up costs of oil spills in the Great Australian Bight thanks to the terms of the controversial petroleum resource rent tax.

Treasury officials have confirmed that oil companies would be able to claim a tax deduction under the PRRT for expenses incurred cleaning up oil spills.