Name: The tax stabilisation clause (en Inglés)
SKU: 58968263
Price: 57.91 USD
Availability: InStock
Author: Abakar Moussa, Moustapha
ISBN: 9786206096269

portada The tax stabilisation clause (en Inglés)

The tax stabilisation clause (en Inglés)

Formato

Libro Físico

Autor

Moustapha Abakar Moussa

Editorial

Our Knowledge Publishing

Idioma

Inglés

N° páginas

Encuadernación

Tapa Blanda

Dimensiones

22.9x15.2x0.3 cm

Peso

0.09 kg.

ISBN13

9786206096269

Categorías

Derecho tributario y arancelario

The tax stabilisation clause (en Inglés)

Moustapha Abakar Moussa (Autor) · Our Knowledge Publishing · Tapa Blanda

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Reseña del libro "The tax stabilisation clause (en Inglés)"

Any oil production requires access to the potentially oil-bearing subsoil from players willing to invest the funds needed to discover or develop hydrocarbon resources. There are therefore two possible solutions. Either the player that controls access to the subsoil commits itself to the industrial activity of exploration and production; or it enters into a contract with another player, which can only be an oil company. The fiscal stabilisation clause in oil contracts undermines the interests of the State and neutralises State sovereignty. The purpose of this clause is to guarantee investors that their investments will not be subject to any changes, which remains an advantage for them and not for the host country, as it has a negative impact on the national economy. The more tax stabilisation clauses there are, the less tax they pay. This clause is inversely proportional to the amount of tax paid. It affects the most important elements: tax, royalties, levies and the major charge. These are the core elements of taxation.