Oil and Gas Taxation
- Semester: Spring 2021
- Course ID: 390E
- Credit Hours: 3
- Grading Method: Pass/Fail Allowed (JD only)
- Cross-listed with other school
- Will use floating mean GPA if applicable
- Upperclass-only elective
|MON, WED||2:40 - 4:01 pm||ONLINE|
|Final (administered by Exam4)||May 8, 2021|
This course will be taught entirely online via Zoom.
Cross-Listing. Oil & Gas Taxation covers the United States federal income taxation of domestic oil and gas operations and transactions. The course examines taxation associated with the operational life cycle of oil and gas operations including exploration, development, production and abandonment. The study of transactions involving oil and gas interests analyzes acquisition, disposition, structuring and investment. Course participants learn the historical context and development of oil and gas provisions found in U.S. tax law. Current tax legislative proposals or enactments that affect the oil and gas industry are addressed if warranted. Although emphasis is on federal income taxation of domestic oil and gas transactions, the international tax aspects of the oil and gas business also are surveyed. It is helpful if students have taken Federal Income Tax or Oil and Gas Law as prerequisites to this course.