Italy upstream fiscal summary
Report summary
Table of contents
- Basis
-
Licence terms
- Duration
- Relinquishment
- Government equity participation
-
Fiscal terms
- Ring fencing
- Bonuses, rentals and fees
- Royalty
- Indirect taxes
- Corporate income tax
- Fiscal treatment of decommissioning
- Product pricing
- 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
Tables and charts
This report includes 22 images and tables including:
- Timeline
- Timeline details
- Split of the barrel - oil
- Split of the barrel - gas
- Share of profit - oil
- Share of profit - gas
- Effective royalty rate - onshore, oil
- Effective royalty rate - shelf/deepwater, oil
- Effective royalty rate - onshore/shelf/deepwater, gas
- Maximum government share - onshore. oil and gas
- Maximum government share - shelf/deepwater, oil
- Maximum government share - shelf/deepwater, gas
- State share versus Pre-Share IRR - oil
- State share versus Pre-Share IRR - gas
- Investor IRR versus Pre-Share IRR - oil
- Investor IRR versus Pre-Share IRR - gas
- Bonuses and Fees
- Area Rentals
- Indirect taxes
- Income tax
- Italy Concession Terms
What's included
This report contains:
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