North Sea oil extraction represents one of the most profitable industrial ventures in the post-war UK economy. It is also an industry whose profits are subject to a plethora of tax regulations. Our book is concerned with the consequences of these regulations.
KeywordsCapital Expenditure Select Committee Recoverable Reserve Fiscal Regime
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Notes and Reference
- 7.A. Kemp and D. Rose, ‘How to Keep Oil Flowing when the Price Moves Down’, Financial Times Energy Economist, 15, April 1983.Google Scholar