Oil & Natural Gas: Getting the Tax Facts Straight
It’s out there; the myth that America’s oil and natural gas industry receives federal subsidies. Subsidies are cash outlays from the U.S. Treasury, and the oil and natural gas industry doesn’t get them. Legitimate tax treatments used by oil and natural gas companies – similar to those used by other business sectors – regularly come under attack by those pushing for higher taxes on energy companies.
Click below for an easy to follow guide that sets the record straight on industry tax treatments.
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