Insight
Petroleum fiscal and licensing month in brief: Colombia eases income tax burden
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Report summary
Changes in fiscal terms: reduced CIT rates in Colombia, increased royalty rates in Germany, special construction tax abolished in Romania. Ongoing fiscal discussions: Domestic content in Brazil's upcoming license rounds, Russia's new profits-based tax, South Africa's MPRDA amendments bill. Licensing: awards in India, bids closed in Oman, extended deadlines in Equatorial Guinea and Israel
What's included
This report contains
Table of contents
- Executive summary
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Changes to fiscal terms: existing assets
- Germany: increased royalty in Rheinland-Pfalz
- Romania: abolished construction tax, extended temporary taxes
- Changes to fiscal terms: new licences
- Notable developments in ongoing fiscal discussions
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Licensing round highlights
- Licensing round launches (0)
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Appendix
- Price assumptions
Tables and charts
This report includes 6 images and tables including:
Tables
- Colombia: reduction in effective CIT rates
- Licensing round awards (1)
- Petroleum fiscal and licensing month in brief: Colombia eases income tax burden: Table 2
- Petroleum fiscal and licensing month in brief: Colombia eases income tax burden: Table 3
- Licensing rounds ongoing (25)
Images
- Fiscal and licensing activity (February 2017)
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