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Oil & Gas Taxation: Advanced | PBZOGT2 18
REGISTER

  • DATE & TIME

  • LOCATION

  • CE CREDIT(S)

  • COST

    MEMBER, NON-MEMBER

  • INSTRUCTOR(S)

January 26, 2018 8:30am - 4:30pm

Midland Country Club

8.00

Member: $275 Non Member: $330 Early Member: $250 Early Non Member: $305

Mr. John Tripp

who should attend


Tax professionals involved in oil and gas industry’s upstream operations and tax professionals whose clients own oil and gas mineral interests. All the participants that have taken the Oil and Gas Taxation: Fundamentals CPE Course.

Details
 
Objectives:
 
Provide experienced practitioners with in-depth coverage of complex issues encountered in the acquisition and disposition of oil and gas properties and other tax issues relating to upstream oil and gas operations. Specific issues are The Depletion deduction, cost and percentage including barrel limitations and the 65% of taxable income limitation; Sales and recapture issues; Sharing arrangements, carried interests, farm outs and other conveyance issues; Electing out of Subchapter K; Production payments; Alternative minimum tax issues; Like kind exchanges involving mineral interest; Unitizations; Introductions of partnerships issues.
 
Key topics:
Complex percentage depletion calculations, limitations, and the use of depletion carryovers; Sharing arrangements, carried interests and other “pool of capital” transactions; AMT issues, including the Section 59€ election; exchange of oil and gas properties; gas balancing agreements.
 
advanced prep
none
 
Prerequisites
none
 
course level
advanced