❓ Dr. Thomas questions the tax implications and spending timeline of the Resources Community Investment Initiative, funded by major mining companies. The Treasurer's representative deflects tax questions to the Commonwealth and describes the initiative as long-term.
AnsweredQoN 1180Legislative Council
QuestionView source ↗
RESOURCES COMMUNITY
INVESTMENT INITIATIVE
1180. Hon Dr STEVE THOMAS to the minister representing the
Treasurer:
I refer to the front page article
in The West Australian today entitled ''Creating WA's
first forever boom'', which identifies an agreement for WA mining
companies including Rio Tinto, BHP, Hancock Prospecting, Woodside, Chevron and
Mineral Resources.
(1) Will donations to the
designated community investment fund be tax-deductible?
(2) Will donations to this account reduce the amount
of corporate tax the donors will pay to the commonwealth?
(3) Is this therefore a net tax
transfer from the commonwealth to the state government?
(4) Given the
current overheating of the construction industry, over what time period will
the funds be spent?
INVESTMENT INITIATIVE
1180. Hon Dr STEVE THOMAS to the minister representing the
Treasurer:
I refer to the front page article
in The West Australian today entitled ''Creating WA's
first forever boom'', which identifies an agreement for WA mining
companies including Rio Tinto, BHP, Hancock Prospecting, Woodside, Chevron and
Mineral Resources.
(1) Will donations to the
designated community investment fund be tax-deductible?
(2) Will donations to this account reduce the amount
of corporate tax the donors will pay to the commonwealth?
(3) Is this therefore a net tax
transfer from the commonwealth to the state government?
(4) Given the
current overheating of the construction industry, over what time period will
the funds be spent?
AnswerView source ↗
I thank the Leader of the
Opposition for some notice of the question. The following answer is provided on
behalf of the Treasurer.
(1)–(3) Questions
regarding federal taxation arrangements should be directed to the commonwealth
government.
(4) The resources
community investment initiative is a long-term initiative to facilitate
investment in iconic state infrastructure projects and community and social
initiatives around WA.
Opposition for some notice of the question. The following answer is provided on
behalf of the Treasurer.
(1)–(3) Questions
regarding federal taxation arrangements should be directed to the commonwealth
government.
(4) The resources
community investment initiative is a long-term initiative to facilitate
investment in iconic state infrastructure projects and community and social
initiatives around WA.
Explore WA Government Data
Search the full archive in the free dashboard, or query programmatically via API.
Explore more
Government Gazette
Appointments, regulatory notices, planning changes.
Hansard
Debates, questions, speeches and sentiment.
Tabled Papers
Reports and documents tabled in Parliament.
Committees
Committee profiles and recent reports.
Regulations
Subsidiary legislation with filters and summaries.
Bills
Proposed laws and parliamentary progress.
Acts
Current WA legislation and summaries.
Explanatory Memoranda
Bills with EMs (text/PDF) available.
Members
MP profiles, party breakdown and rankings.
Pollie Rankings
Data-driven rankings across 19 categories.
Amendment Chains
Track how schemes and regulations evolve over time.