Webinar: Basics of Upstream Oil & Gas Taxation

With the drop in oil demand and economic uncertainty around the COVID-19 pandemic, many upstream oil and gas companies are for looking for ways to reduce tax liability. Understanding the basics and avoiding certain pitfalls regarding tax compliance are of utmost importance to upstream organizations who want to minimize their tax exposure.

Basics of Upstream Oil & Gas Taxation

In this session, Jon Roberts, Houston Tax Partner, will introduce oil and gas taxation and explain practical upstream tax issues such as tax depletion, purchase price allocations, and common GAAP vs. tax items.

View this webinar on-demand to learn about the following:

• Tax consequences related to oil and gas property
• Calculation methods for tax depletion and depreciation
• Purchase price allocations
• Upstream specific pitfalls to consider
• Common GAAP/Tax differences

Presenters:

• Jon Roberts, Partner, Tax Services
• Teresa Garza, Senior Manager, Tax Services
• Ashley Werner, Manager, Tax Services

This webinar is for all levels of business professionals, accountants and CFOs. Please note that CPE credit is not awarded for recorded webinars. Keep an eye on our events page, or sign up to receive invites for future webinars.