Energy Resources of Australia concerned at tax plan

Energy Resources of Australia chief executive Rob Atkinson has weighed into the growing debate over a proposed new tax on the resources sector, calling for the industry's views to be sought.

Speculation has been increasing that the Henry tax review has recommended a 40 per cent resource rent tax, charged on operating margins and based on the petroleum resource rent tax.

The tax, which would replace state-based royalties of 2-10 per cent of revenue, would be vehemently opposed by the states and companies.

Click here to read more about Energy Resources concerns.

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