Netherlands upstream fiscal summary
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.