All Posts Tagged With: "severance tax"
Severance Tax Collection for State Jumps in Q1
Signaling an upturn in oil and gas activity, Colorado collected 88.2 percent more in severance taxes during the first quarter this year than it did for the same period in 2010, according to the latest U.S. Census Bureau report.
29Jun2011 | admin | 0 comments | Continued
Energy Companies Could Face Targets on Their Backs — and Their Tax Returns
The President’s budget proposal would raise an estimated $31.5 billion over 10 years from increased taxes on oil and gas companies. The administration essentially pledges to repeal nearly every tax benefit currently enjoyed by the oil and gas industry, plus impose a new levy on offshore oil and gas production.
11Sep2009 | admin | 0 comments | Continued
