Highlighting tax developments of current interest to companies operating in the oil and gas industry, whether upstream or downstream, and businesses in the oilfield services, engineering and construction industries.
In this April 2017 edition, we unpack a range of topics including the potential applications of blockchain—a new digital technology that is gaining momentum and could have significant tax implications on the oil and gas industry. We highlight the possible consequences of the multilateral instrument under the OECD BEPS project and explain the basics of production sharing agreements.
In addition, the newsletter contains articles which address oil and gas tax developments in the following countries:
- The Netherlands: Demise of the Dutch cooperative as a holding company?
- Gulf Corporation Council: Introduction of VAT in the Gulf States—considerations for the oil and gas industry
- U.S.: Potential tax reform on the horizon?
View or download the newsletter Global oil & gas tax newsletter – April 2017
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.