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UK wants more revenue from North Sea oil

Journal Article:

Abstract

The first report from the Committee of Public Accounts of the UK Parliament on North Sea gas and oil has revealed a situation under which the UK Exchequer apparently does not receive cash intake comparable to the Exchequers of other oil producing countries. So important are these findings that some of them are presented so that the industry at large, and particularly those engaged in North Sea exploration and production, will be aware of the UK situation. Recomendations are made that the government should take action substantially to improve the effective tax yield from operations on the continental shelf, and should consider among other methods the possibility of imposing a system of quantity taxation.
Authors:
Publication Date:
Mar 09, 1973
Product Type:
Journal Article
Reference Number:
EDB-82-161239
Resource Relation:
Journal Name: Pet. Times; (United Kingdom); Journal Volume: 77:1956
Subject:
02 PETROLEUM; 03 NATURAL GAS; NATURAL GAS INDUSTRY; TAXES; PETROLEUM INDUSTRY; UNITED KINGDOM; TAX LAWS; ECONOMIC ANALYSIS; INCOME; NORTH SEA; OFFSHORE OPERATIONS; PETROLEUM; ATLANTIC OCEAN; ECONOMICS; ENERGY SOURCES; EUROPE; FOSSIL FUELS; FUELS; INDUSTRY; LAWS; SEAS; SURFACE WATERS; WESTERN EUROPE; 020700* - Petroleum- Economics, Industrial, & Business Aspects; 030600 - Natural Gas- Economic, Industrial, & Business Aspects
OSTI ID:
6816660
Country of Origin:
United Kingdom
Language:
English
Other Identifying Numbers:
Journal ID: CODEN: PETTA
Submitting Site:
HEDB
Size:
Pages: 4-49
Announcement Date:

Journal Article:

Citation Formats

Not Available. UK wants more revenue from North Sea oil. United Kingdom: N. p., 1973. Web.
Not Available. UK wants more revenue from North Sea oil. United Kingdom.
Not Available. 1973. "UK wants more revenue from North Sea oil." United Kingdom.
@misc{etde_6816660,
title = {UK wants more revenue from North Sea oil}
author = {Not Available}
abstractNote = {The first report from the Committee of Public Accounts of the UK Parliament on North Sea gas and oil has revealed a situation under which the UK Exchequer apparently does not receive cash intake comparable to the Exchequers of other oil producing countries. So important are these findings that some of them are presented so that the industry at large, and particularly those engaged in North Sea exploration and production, will be aware of the UK situation. Recomendations are made that the government should take action substantially to improve the effective tax yield from operations on the continental shelf, and should consider among other methods the possibility of imposing a system of quantity taxation.}
journal = {Pet. Times; (United Kingdom)}
volume = {77:1956}
journal type = {AC}
place = {United Kingdom}
year = {1973}
month = {Mar}
}