Regulatory Assessment for Manufacturers of Oil and Gas in the Gulf of Mexico Area
 
 
 
 
 
        
What's in this Report?
 
  • This is a detailed Study Report on the regulatory regime for manufacturers of Oil and Gas in the Gulf of Mexico area, including the Overview of the Crude Oil and Natural Gas Exploration and Production, detailed description of the License Allocation System and deciphering the Taxation and Allowances applicable for the industry.
  • The key focus of this Report was the detailed description of the Taxation and Allowances applicable to the industry including direct Taxes: Royalties, Corporate Income Tax, Alternative Minimum Tax (AMT), Bonuses, Withholding Tax; Indirect Taxes, Capital Allowances (Depletion Allowance, Geological and Geophysical Costs, Development Costs) and other incentives: Tax Losses, Regional Incentives, Manufacturing Deduction, Research and Development.