Turkey Upstream Fiscal and Regulatory Report – Corporate Income Tax Increases to 22% for 2018 to 2020
Turkey Upstream Fiscal and Regulatory
Overview
"Turkey Upstream Fiscal and Regulatory Report - Corporate Income Tax Increases to 22% for 2018 to 2020", presents the essential information relating to the terms which govern investment into Turkey’s upstream oil and gas sector.
The report sets out in detail the contractual framework under which firms must operate in the industry, clearly defining factors affecting profitability and quantifying the state’s take from hydrocarbon production. Considering political, economic and industry specific variables, the report also analyses future trends for Turkey’s upstream oil and gas investment climate.
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Major Scope of the report:
- Overview of current fiscal terms governing upstream oil and gas operations in Russia
- Assessment of the current fiscal regime’s state take and attractiveness to investors
- Charts illustrating the regime structure, and legal and institutional frameworks
- Detail on legal framework and governing bodies administering the industry
- Levels of upfront payments and taxation applicable to oil and gas production
- Information on application of fiscal and regulatory terms to specific licenses
- Outlook on future of fiscal and regulatory terms in Russia
Scope
Understand the complex regulations and contractual requirements applicable to Russia’s upstream oil and gas sector
- Evaluate factors determining profit levels in the industry
- Identify potential regulatory issues facing investors in the country’s upstream sector
- Utilize considered insight on future trends to inform decision-making
Table of Contents
1. Table of Contents
- Table of Contents 1
1.1. List of Tables 2
1.2. List of Figures 2
- Regime Overview 3
- State Take Assessment 5
- Key Fiscal Terms 6
4.1. Royalties, Bonuses and Fees 6
4.1.1. Rental Fees 6
4.1.2. Royalties 6
4.2. Direct Taxation 7
4.2.1. Corporate Income Tax 7
4.2.2. Deductions and Depreciation 7
4.2.3. Withholding Tax 8
.Continued
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Posted by
Vivian Dsena
on Monday April 09 2018, 5:02 AM EST.
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