Tax Treatment of Producers of Oil and Gas: Hearings Before the Subcommittee on Oversight of the Committee on Ways and Means, House of Representatives, Ninety-eighth Congress, First Session, May 5 and 6, 1983
U.S. Government Printing Office, 1983 - Electronic books - 697 pages
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alternative minimum tax amount ANTHONY assets average barrels of oil barrels per day billion California capital cash flow Chairman RANGEL committee Congress corporations cost depletion crude oil decline depletion allowance differential dollars domestic oil drilling rigs dry holes economic effective tax rate eliminated estimates exemption expenditures expensing exploration and development exploratory Federal gas industry gas producers gas reserves going gross IDC's IDCs important income tax increase independent producers intangible drilling costs integrated companies interest investment investors lease minimum tax natural gas oil and gas oil industry oil prices Oklahoma OPEC operations partnership percentage depletion PICKLE programs rate of return reduced result revenue risk royalty income royalty owners statement stripper oil subcommittee tax incentives tax policy tax provisions tax treatment taxation taxpayers testimony Texas Thank tier tion U.S. oil wellhead windfall profit tax windfall tax