Tax Implications of Petroleum Arrangements in Nigeria
Article from: OGEL 4 (2015), in Taxation
Abstract
There are many arrangements in the Nigeria's oil sector. These arrangements are diverse with each having its tax implication. This article examines the various taxes as they relate to individual arrangements in the oil sector. The article further examines the various oil and gas contracts and/or arrangements. The examination of these various contracts is followed by reviewing the various taxes that are applicable to the sector. A proper understanding of various arrangements will go a long way in assisting contracting parties in assessing the tax implication of the various options as well ...