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Analysis of the Crude Oil Windfall Profit Tax: with an emphasis on the independent producer

Journal Article · · Oil Gas Tax Q.; (United States)
OSTI ID:5228664

An overview of the Crude Oil Windfall Profit Tax of 1980 describes how the tax burden falls on various classifications of oil, the lowest rate falling on newly discovered oil. Certain producers and kinds of production are fully exempted, and special treatment is given to independent producers. The procedures for computing and collecting taxes and the conditions for refunds are outlined. (DCK)

OSTI ID:
5228664
Journal Information:
Oil Gas Tax Q.; (United States), Journal Name: Oil Gas Tax Q.; (United States) Vol. 28:4; ISSN OGTQD
Country of Publication:
United States
Language:
English

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