Become a Member
Membership
Education
Events
Resources
Tax Knowledge Exchange
About us
Contact us
  2024

Demystifying carbon offsets projects and Australian Carbon Credit Units (ACCUs) Published Date: 21 Nov 2024

Published Date: 21 Nov 2024

 

Sorry, this is subscriber only content.

If you're not yet a subscriber, to gain access to this material and much more - Subscribe Now.

Already a Subscriber? Login now

Subscribe Now

Already a Subscriber? Login now

Participants in the resources sector are bound to have an ever-increasing focus on ACCUs. This “back to basics” session addressed:

  • The ACCU Scheme including what is an ACCU, key characteristics and how ACCUs are generated.
  • Markets for ACCUs, what are they used for and how they are traded.
  • Carbon offset projects under the Carbon Credits (Carbon Farming Initiative) Act:
    • Key requirements to establish and maintain a carbon offsets project.
    • How this relates to the timing and costs associated with the generation of ACCUs.
  • Division 420 and the tax treatment of ACCUs.

Individual Session

Author(s): Naomi Hutchings , Tristan Boyd FTI
Materials from this session:

Author(s)

Details

The material is copyright. Apart any fair dealing for the purpose of private study, research criticism or review, as permitted under the copyright Act, no part may be reproduced by any process without written permission from The Tax Institute.

Unless expressly stated, opinions are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

The Tax Institute
(ABN 45 008 392 372 (PRV14016))

("TTI")

The Tax Institute is a Recognised Tax Agent Association (RTAA) under the Tax Agent Services Regulations 2009. 

Copyright Statement

All materials provided on this site are protected by copyright and are owned by or licensed to TTI.

Except as expressly permitted by TTI or the copyright owner, any person or company who uses this site must not use, reproduce, redistribute, retransmit, publish or otherwise transfer, or commercially exploit, the materials or any information, software or other content, in whole or in part, which is available through this site.

Tags

2024

Share this page