Ey oil and gas tax guide 2020

Oil and gas taxation in the United States Deloitte Taxation and Investment Guides1 1.0 Summary The principal U.S. taxes and rates applicable to companies in the oil and gas extraction business are: • Federal Income Tax 35% (top rate) • Federal Alternative Minimum tax (AMT) 20% • Federal Withholding Tax * o Dividends 30% o Interest 30% The Interstate Natural Gas Association of America Foundation estimates that midstream companies will need to invest nearly $800 billion through 2035, or $44 billion per year, in building oil This webcast is designed to provide updates on the latest tax developments affecting companies in the oil and gas industry. Unlocking the supply chain for LNG project success LNG developers are facing the challenges of lower oil and gas prices, and consequent reductions in capital expenditure, along with more remote and challenging projects.

The Interstate Natural Gas Association of America Foundation estimates that midstream companies will need to invest nearly $800 billion through 2035, or $44 billion per year, in building oil This webcast is designed to provide updates on the latest tax developments affecting companies in the oil and gas industry. Unlocking the supply chain for LNG project success LNG developers are facing the challenges of lower oil and gas prices, and consequent reductions in capital expenditure, along with more remote and challenging projects. KPMG's Oil & Gas practice is at the forefront of the industry. Register for the KPMG Global Energy Institute Register for the KPMG Global Energy Institute As part of the Global Energy Institute, you'll be able to access valuable insight covering critical business topics and industry issues. Click here to register. Oil, Gas & Chemicals. Deloitte’s Global Oil, Gas & Chemicals professionals work with clients to help maximize business potential across the full spectrum of the industry. From super majors and trading businesses to independents, we deliver services, perspectives and solutions that best suit the business and its people.

25 Mar 2019 The OECD laid out a timeline through 2020 for advancing work on the proposals See EY Global Tax Alert, OECD hosts public consultation on 

This annual publication provides an update on accounting, tax, and regulatory matters relevant to the oil and gas industry. The update discusses matters critical to oil and gas entities, including updates to SEC, FASB, and tax guidance with a specialized focus on the oil and gas industry. Oil and gas taxation in the United States Deloitte Taxation and Investment Guides1 1.0 Summary The principal U.S. taxes and rates applicable to companies in the oil and gas extraction business are: • Federal Income Tax 35% (top rate) • Federal Alternative Minimum tax (AMT) 20% • Federal Withholding Tax * o Dividends 30% o Interest 30% The Interstate Natural Gas Association of America Foundation estimates that midstream companies will need to invest nearly $800 billion through 2035, or $44 billion per year, in building oil This webcast is designed to provide updates on the latest tax developments affecting companies in the oil and gas industry. Unlocking the supply chain for LNG project success LNG developers are facing the challenges of lower oil and gas prices, and consequent reductions in capital expenditure, along with more remote and challenging projects. KPMG's Oil & Gas practice is at the forefront of the industry. Register for the KPMG Global Energy Institute Register for the KPMG Global Energy Institute As part of the Global Energy Institute, you'll be able to access valuable insight covering critical business topics and industry issues. Click here to register. Oil, Gas & Chemicals. Deloitte’s Global Oil, Gas & Chemicals professionals work with clients to help maximize business potential across the full spectrum of the industry. From super majors and trading businesses to independents, we deliver services, perspectives and solutions that best suit the business and its people. The taxpayer is required to file rendition forms to the county appraiser on or before April 1 each year to avoid penalty. Additional information may be found in the “Foreword” of the guide or you may contact the Division of Property Valuation’s Oil & Gas Section for assistance. 2019 Oil and Gas Guide.

This annual publication provides an update on accounting, tax, and regulatory matters relevant to the oil and gas industry. The update discusses matters critical to oil and gas entities, including updates to SEC, FASB, and tax guidance with a specialized focus on the oil and gas industry.

The PKF Worldwide Tax Guide 2018/19 (WWTG) is an annual publication that including water and energy consumption, communication services, car rental, Dividends arising from fiscal years beginning as from 1 January 2020 are taxed  30 Oct 2017 January 31, 2020 Abstract: Fuel and energy industry rules one of the well- positioned markets in the Taxation of fuel and energy industry, especially oil and gas industry has been EY (2015). Global oil and gas tax guide. 13 Sep 2019 1 The Department of Research of Energy Complex of Russia and the World, The Energy Research 2020. 2025. 2030. 2035. 2040 mtoe. Greenfields. Brownfields. Fig. 1. EY (2018) Global oil and gas tax guide, London. 25 Mar 2019 The OECD laid out a timeline through 2020 for advancing work on the proposals See EY Global Tax Alert, OECD hosts public consultation on  Tax. Tel: +51 1 411 4471 david.de.la.torre@pe.ey.com. Beatriz De La Vega. Tax. Tel: +51 1 This oil and gas investment guide has been structured to Oil and gas tax and legal framework. IV US$ 586 million to US$ 2,020 million. Fiscal 

23 Dec 2010 EY's Global oil and gas tax guide is part of a suite of tax guides, including the Further information concerning EY's oil and gas services may be found at 1 January 2016 and ends on 31 December 2020. According to the 

17 Feb 2020 Apply online for 2020 EY Game Changers Club at EY & kick start your career with GradAustralia. 2 EY OFS Report www.ey.com/uk/en/industries/oil---gas/ey-review-of-the-uk- oilfield-services- Figure 5: UK Oil and Gas Industry Direct Fiscal Contribution improve into 2020, with global GDP growth forecast to increase to 3.5 per cent, however Force, guides the cross-industry work to drive further improvements in PE.

1 The Department of Research of Energy Complex of Russia and the World, The Energy of tax burden due to the flexible Russian MET calculation system (EY, 2018; been affected, as the launch dates of those projects were scheduled beyond 2020. [Google Scholar]; EY (2018) Global oil and gas tax guide, London.

EY’s global oil and gas tax guide 2019 provides a valuable resource in setting out the relevant fiscal regimes for oil and gas exploitation and is underpinned by EY’s fiscal policy advisory and modeling capabilities.” – Derek Leith, Global Oil & Gas Tax Leader

This webcast is designed to provide updates on the latest tax developments affecting companies in the oil and gas industry. Unlocking the supply chain for LNG project success LNG developers are facing the challenges of lower oil and gas prices, and consequent reductions in capital expenditure, along with more remote and challenging projects.