Recent Development and Emerging Issues of Oil and Gas Taxation

When:
Thursday, 13 April 2017

Activity Time:
09.00 a.m. to 05.00 p.m

Where:
DDTC Academy
Menara Satu Sentra Kelapa Gading 5th Floor,
Unit #0501
Jl. Bulevar Kelapa Gading LA3 No.1 Summarecon
Kelapa Gading Jakarta Utara 14240

Investment:
IDR 3.000.000
(Click here for discount)

Background:
Exploration, development and producing companies and their investors in oil and gas industry are addressing the significant extent of tax issues, like a transfer pricing, and investment issues that are specific to it. This industry has specialized in capital cost recovery rules for geological and geophysical costs, intangible drilling and developments costs and depletion, complex rules for transfers of oil and gas property interests (pool of capital, sale versus lease) and partnership rules.

To govern proper tax treatment of oil and gas transactions, one needs to have a basic understanding of the primary concept about oil and gas industry such as the upstream primary midstream, and downstream. Therefore we designed a seminar to provide participants with in-depth analysis of international taxation and transfer pricing issues that are commonly found in the oil and gas industry. We also provide insights on how these issues are managed.

Topics Covered:

1. Introduction to oil and gas industry,
   • Kinds of mineral property interest,
   • Cross-border tax implications,
   • Relation domestic tax laws at source and jurisdiction,
   • Economic interest and unit property concepts,
2. Domestic taxation of oil and gas,
   • PP 79/2010,
   • Head office overhead cost,
   • PMK 257/2011,
   • OECD Model Commentaries vs PSC,
3. Key issues.