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Unconventional resources complicate taxation in the oil and gas industry

Despite the geopolitical uncertainties affecting the oil and gas industry at a global level, it is certain that the incomes resulted from oil and gas operations will continue to be subject to taxation.

In a global environment marked by constant changes in fiscal policies, the type, the impact and the attempt to define taxation systems are still far from being clarified, shows the 2014 EY report – Global oil and gas tax guide – analyzing the taxation regime in the oil and gas industry from 80 countries.

 

For more information, please see the Romanian version of the article, here.
    

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ERNST & YOUNG SRL