Oil and Gas Tax 2008

Overview

Attend this seminar to:

• Understand the dynamics of the changing UKCS fiscal regime
• Learn the components of tax and accounting
• Obtain an update from HM Revenue & Customs on how oil & gas companies should comply
• Hear the latest policy on 'Change of Use' and changes to PRT
• Overview of the current industry-government consultations
• Look at a new approach towards transfer pricing audit defence
• Gain an insight into indirect taxes and current development in environment taxes

Case studies + Practical sessions

• Key aspects of tax and accounting for exploration and development
• Expected future developments in IFRS in the production and decommissioning phases
• Beatrice Wind Farm

Plus, a panel discussion on:

• A tax system for the maturing UKCS

12 CPD points: The Solicitors Regulation Authority

This seminar is designed to provide you with a comprehensive and practical overview of the UK fiscal regime and all the essential components of tax and accounting which define corporate strategy for oil and gas companies.

IBC Global Academy's second seminar on oil and gas tax will address some of the key areas of current interest relating to tax aspects of decommissioning, 'Change of Use' and PRT, taxation and non-production uses of assets (gas storage, CO2 storage), indirect taxes and the future implications of environmental taxes, transfer pricing issues and IFRS for oil and gas companies.

The tax regime plays a major role in the attractiveness of the North Sea for investors, and is therefore an important issue, not only to those involved within the tax and accounting function, but also those at a wider level. The programme content is structured to benefit those who have a range of experience in the fundamental elements of oil and gas taxation and accounting and also those who wish to broaden their understanding of this field. This seminar will update you on the latest issues, enabling you to successfully evaluate, approach and deliver projects.

Book your place without delay as spaces are limited to ensure a valuable learning forum, with plenty of networking opportunities.

Hear the excellent feedback from the previous seminar

"Excellent content"
Petro-Canada

"Excellent introduction to the area"
HMRC

Who should attend:

• Tax and finance professionals
• Advisors in the oil and gas industry
• Lawyers and legal professionals
• Policy makers and regulators
• Tax and accounting specialists
• Energy consultants & analysts
• Investors in the energy sector