WebMineral and petroleum royalties. RevenueWA and DMIRS are working collaboratively to administer mineral and petroleum royalties. On 23 June 2024, the WA Minister for Finance announced the transfer of the mining and petroleum royalty collection and administration functions from the Department of Mines, Industry Regulation and Safety (DMIRS) to ... WebNov 29, 2024 · Royalties are payments that creators and inventors receive for a third-party’s licensed use of their work, product, creation, or invention. Understanding how royalties work and the different types available are essential to safeguarding your intellectual property.
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WebRoyalty: Compensation for the use of property, usually copyrighted works, patented inventions, or natural resources, expressed as a percentage of receipts from using the … WebRoyalty rates. Petroleum royalties are levied on petroleum production onshore, within coastal waters and the North West Shelf Project. The rate of royalty is normally set at 10% … dachshund club of america pedigree database
Petroleum Royalties - Department of Mines, Industry Regulation …
WebRoyalties Online System for Western Australian mineral and petroleum producers to electronically prepare, lodge and view royalty returns and production reports. About Access; Interactive geological map (GeoVIEW.WA) An interactive, GIS-based mapping system. Construct your own geological map and incorporate other mineral and petroleum … WebJan 17, 2024 · Who needs royalties when you can just feather the nests of policy makers? Andy Saunders • 1 year ago Most WA gas is offshore rather than onshore, and anything beyond 12 nautical miles (the vast majority) is in federal waters, not WA state territory, and therefore not subject to state-based royalties. WebOct 14, 2024 · Figures tabled in WA Parliament this week reveal the state has missed out on more than $150 million in mining royalties over the past three years because of a deal designed to save regional port and mining jobs. Key points: The price of iron ore was below US$70/tonne when the state government offered Mineral Resources the incentives dachshund club of santa ana valley