This guide explains the main revenue instruments applying to UK oil production: royalty, petroleum revenue tax and corporation tax. Taking into account the effects of the 1991 Finance Act, it includes coverage of abandoment expenditure, offset of trading losses and dual resident company provisions. It includes information on oil pricing and valuation provisions and covers the petroleum revenue tax and corporation tax. It also illustrates the rates and calculation of royalty liabilities and includes tables of cases and statutes, specimen offshore licences and worked examples.
This guide explains the main revenue instruments applying to UK oil production: royalty, petroleum revenue tax and corporation tax. Taking into account the effects of the 1991 Finance Act, it includes coverage of abandoment expenditure, offset of trading losses and dual resident company provisions. It includes information on oil pricing and valuation provisions and covers the petroleum revenue tax and corporation tax. It also illustrates the rates and calculation of royalty liabilities and includes tables of cases and statutes, specimen offshore licences and worked examples.
Auflage
Sprache
Verlagsort
Verlagsgruppe
Zielgruppe
Für höhere Schule und Studium
Für Beruf und Forschung
Editions-Typ
Illustrationen
Maße
Höhe: 234 mm
Breite: 156 mm
Gewicht
ISBN-13
978-0-85121-784-0 (9780851217840)
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Schweitzer Klassifikation
Development of UK oil taxation; administration; petroleum licensing; royalties; petroleum revenue tax; corporation tax; changes in UK license interests. Appendices: Offshore licences; examples of calculation of tariff receipts allowance; joint revenue and UKOITC memorandum, February 1967.
