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Title: Analysis of the impacts of the President's tax proposal on major sectors of the energy industry

Technical Report ·
OSTI ID:5319288

The purpose of this study is to assess the impact of the President's tax proposal on the energy sector. The study consists of two parts. The first part specifically addresses the impacts of the President's tax proposal on the oil and gas, coal, and electric utility sectors of the energy industry. Impacts were examined at both the project and corporate levels. The study focuses on proposed changes in corporate income taxation. Results show that the impacts of the President's tax proposal vary across the energy sector. Taxes levied on coal operations would rise. Those levied on oil and gas remain about the same if measured at the overall corporate level. Looking at oil and gas production operations separately from other lines of business (downstream, foreign, and subsidiary operations), taxes would tend to fall, except in the case of the small independents. Taxes paid by electric utilities would tend to fall. Within each sector, however, substantial variation among firms would be evident due to differing circumstances of corporate diversity and rate of growth. 11 figs., 38 tabs.

Research Organization:
USDOE Energy Information Administration, Washington, DC
OSTI ID:
5319288
Report Number(s):
DOE/NBM-5017015; ON: DE85017015
Resource Relation:
Other Information: Portions of this document are illegible in microfiche products
Country of Publication:
United States
Language:
English