Country Report

Germany upstream fiscal summary

13 June 2022

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13 June 2022

Germany upstream fiscal summary

Report summary

Germany uses a concessionary fiscal regime with royalty, corporate income tax and regional income taxes. Germany has modest levels of oil and gas production which is reflected in the relatively simple structure of hydrocarbon taxation. Royalty and municipal tax rates vary significantly between states. This type of tax is expected to be phased out or replaced in line with EU policy. There are no formal licensing rounds for either onshore or offshore sectors.

Basis
Licence terms
Government equity participation
Fiscal terms
- Bonuses, rentals and fees
- Indirect taxes
- Royalty
- Corporate income tax
- Income
- Municipal trade tax
- Ring Fencing
- Income
- Fiscal treatment of decommissioning
- Summary of modelled terms
Recent history of fiscal changes
Stability provisions
Split of the barrel and share of profit
Effective royalty rate and maximum government share
Progressivity
Fiscal deterrence