A Review of the Proposed Changes in North Sea Oil Taxation PDF Download
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Author: Alexander G. Kemp
Publisher:
ISBN:
Category : Offshore oil industry
Languages : en
Pages : 144
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Book Description
Author: Alexander G. Kemp
Publisher:
ISBN:
Category : Offshore oil industry
Languages : en
Pages : 144
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Book Description
Author: Chris Rowland
Publisher: Springer
ISBN: 1349087173
Category : Business & Economics
Languages : en
Pages : 181
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Book Description
Author: Chris Rowland
Publisher: Palgrave Macmillan
ISBN: 9780312236786
Category : Business & Economics
Languages : en
Pages : 171
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Book Description
Author: John B. Nicholles
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
Author: Institute for Fiscal Studies
Publisher:
ISBN:
Category :
Languages : en
Pages : 22
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Book Description
Author:
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 96
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Book Description
Author: Colin Robinson
Publisher: Springer
ISBN: 1349158941
Category : Political Science
Languages : en
Pages : 235
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Book Description
Author: M. P. Devereux
Publisher:
ISBN:
Category : Offshore oil industry
Languages : en
Pages : 106
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Book Description
Report examining the development of the North Sea tax system.
Author: Emre Üşenmez
Publisher: Routledge
ISBN: 1315414074
Category : Business & Economics
Languages : en
Pages : 199
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Book Description
Since its inception some 40 years ago, petroleum-specific taxation in the UK has been subject to numerous modifications. Often these modifications were brought into place not only to sufficiently incentivise the investors but also to capture a fair share for the government. However, it is evident from the frequency of changes that finding the right balance between these two aims is no easy matter. Such a balance, and the consequent fiscal stability, is necessary for the long-term relationship between the parties to endure to their mutual benefit. Still, it does not take much for one or other party to feel that they are out of balance. As a consequence, one party feels that the other party is taking an undue proportion of the value generated and that they are losing out. Yet achieving that balance and fiscal stability is possible. To understand this possibility, this book first clarifies what is meant by sufficient incentivisation and fair share before developing a new fiscal system that manages this balance and stability. Such clarification yields objective criteria against which to assess not only the existing regime, but also the newly proposed regime. This approach is further complemented by the critical analysis of the fiscal legislative framework and the evaluation of the legal positions of specific contractual elements and mechanisms found within that framework. This latter analysis is important in order to reduce the legal uncertainty such elements may create, which can otherwise lead to further reactive amendments and revisions to the fiscal regime in the future.
Author: C. Rowland
Publisher:
ISBN:
Category :
Languages : en
Pages :
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