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Administration of fiscal regimes for petroleum exploration and development

1995

U549
333.823

Designing petroleum fiscal regimes. Striking a balance between diverse objectives. Types of petroleum development regimes. The choice of the fiscal regime. Implementation and monitoring of the petroleum fiscal regime. Administrative requirements. Accounting. Auditing. Staffing. Special problem areas. Valuation of petroleum. Windfall profits and unancipated losses. Transfer pricing and inter - affiliate transactions. Overhead expenses. Currency transactions. Policy implications and options.

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