Issues paperBack to top
The AER released an Issues Paper on 15 May 2018 to commence the review. The issues paper outlines the AER’s current regulatory tax approach and the tax allowances set by the AER for regulated networks. It provides some initial observations on the available data on tax payments made by these networks to the ATO. It sets out the proposed scope for the review and includes a proposed timeline.
|AER - Regulatory tax review 2018 - Issues Paper - May 2018 ( PDF 806.98 KB )||AER|
Supporting informationBack to top
The AER received preliminary advice from the Australian Tax Office (ATO) that there appeared to be material differences between the tax allowances set by the AER and the actual tax payments made to the ATO by regulated networks. The ATO note also identified a number of drivers for the discrepancy between regulatory tax assessments and tax payments.
The Hon Josh Frydenberg, Federal Minister for the Environment and Energy, has asked the AER to provide an initial report in June 2018, and its final report and recommendations by December 2018.
The ATO note and letter from the Minister are available below.
|ATO note to AER - Comparison of regulatory tax allowances and tax paid - 10 April 2018 ( PDF 229.95 KB )||Australian Taxation Office (ATO)|
|Minister letter to the AER – Review of regulatory tax treatment ( PDF 65.9 KB )||Federal Minister for the Environment and Energy|
SubmissionsBack to top
We invited written submissions on our issues paper. Submissions closed on 31 May 2018. These submissions are available below.
Late submissionsBack to top
|Ergon Energy and Energex - Submission to Issues Paper - 1 June 2018 - PUBLIC ( PDF 170.06 KB )||Ergon Energy, Energex Limited|
|Network Shareholder Group - Submission to Issues Paper - 1 June 2018 - PUBLIC ( PDF 228.43 KB )||Network Shareholder Group (NSG)|
|APA Group - Submission to Issues Paper - 4 June 2018 - PUBLIC ( PDF 383.19 KB )||APA Group|
|IPA - Submission to Issues Paper - 5 June 2018 - PUBLIC ( PDF 95.9 KB )||Infrastructure Parnerships Australia (IPA)|