Country Report

Netherlands upstream fiscal summary

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The Netherlands is a mature oil and gas producing country and licences operate under a concession regime. The regime includes an onshore royalty, corporate income tax and a state profit share. The onshore royalty is calculated for oil and gas in each licence. Rates apply to individual production tiers and increase without state participation. There is a mutual interaction between corporate income tax, state profit share tax and solidarity contribution tax. The country pursues an 'Open Door' licensing policy with no dedicated licensing rounds. The state also typically holds a direct interest via EBN.

Table of contents

  • Basis
    • Exploration licence
    • Production licence
    • Duration and relinquishment
  • Government equity participation
    • Bonuses, rentals and fees
    • Indirect taxes
    • Royalty
    • Ring fencing
    • Base
    • Rate
    • Temporary additional royalty on natural gas
    • Payment schedule
    • Corporate income tax
    • Ring fencing
    • Base
    • Income
    • Deductions
    • Rate
    • Exploration costs
    • Depreciation
    • State profit share deduction
    • Losses
    • Payment schedule
    • State profit share
    • Ring fencing
    • Base
    • Income
    • Deductions
    • Rate
    • Capital uplift
    • Offshore capital uplift
    • Marginal fields incentive
    • Corporate income tax credit
    • Losses
    • Payment schedule
    • Interaction between state profit share and corporate income tax
    • Solidarity contribution (2022)
    • Ring fencing
    • Base
    • Rate
    • Payment schedule
    • 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 21 images and tables including:

  • Timeline
  • Timeline detail
  • Split of the barrel - oil
  • Split of the barrel - gas
  • Share of profit - oil
  • Share of profit - gas
  • Effective royalty rate - onshore and shelf, oil and gas
  • Maximum government share - onshore, oil
  • Maximum government share - shelf, oil
  • Maximum government share - onshore and shelf, 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, rentals and fees
  • Area rentals
  • Indirect taxes
  • Royalty rates
  • Marginal and Effective Royalty Rate
  • Netherlands Concession

What's included

This report contains:

  • Document

    Netherlands upstream fiscal summary

    PDF 1.10 MB