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State certification of qualified tertiary oil recovery projects under the Windfall Profits Tax

Journal Article · · Interstate Oil Compact Comm. Com. Bull.; (United States)
OSTI ID:6730770
This work discusses one area of the crude oil Windfall Profits Tax Act of 1980, the qualified tertiary oil recovery projects. The tax act provides for the lowest tax rate of 30% on tertiary oil. The work first covers the incremental tertiary oil portion of the tax act. Next it discussess the different ways of qualifying a project, the Texas Railroad Commission's experience in handling these projects, and finally some recommendations for operators.
OSTI ID:
6730770
Journal Information:
Interstate Oil Compact Comm. Com. Bull.; (United States), Journal Name: Interstate Oil Compact Comm. Com. Bull.; (United States) Vol. 22:2; ISSN IOCBA
Country of Publication:
United States
Language:
English

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