Oil and Gas: Federal Income Taxation (2012) - Softcover

Patrick A. Hennessee

Softcover

ISBN 10: 0808028383 ISBN 13: 9780808028383

Publisher: CCH, 2011

Synopsis

Understand the important tax law and planning considerations related to the energy industry including mineral rights, development and production. It includes references to corresponding Internal Revenue Code and Regulation sections, IRS rulings and court decisions,and in-depth analysis and strategies. Coverage includes:Lease and purchase arrangements; Geological and geophysical expenses; Intangible drilling and development costs Depletion

About this title

About the Author:

Patrick A. Hennessee, Ph.D., CPA, has taught numerous accounting courses, including graduate-level Oil and Gas Taxation, at the University of Tulsa since 1977. He served as Director of the School of Accounting at the University of Tulsa from 1995-1998. Prior to his faculty appointment, he earned a bachelor's degree from the University of Oklahoma, a master's degree from Western State College of Colorado and a doctorate from North Texas State University. He is a member of the Oklahoma Society of CPAs, the American Institute of CPAs and the Tulsa Chapter of the OSCPA, and serves as a trustee for the OSCPA Educational Foundation. Dr. Hennessee is noted for drawing upon his wealth of practical and technical knowledge of the oil and gas industry to present crisp, insightful classes. Through engaging presentations, problem solving and interactive discussion, students and practitioners effectively learn about property acquisition, geological and geophysical costs, development and depreciation of properties, deal structuring, tax credits and other complex areas of oil and gas taxation.

About this edition

• Publisher: CCH
• Publication date: 2011
• ISBN 10: 0808028383
• ISBN 13: 9780808028383
• Binding: Perfect Paperback
• Number of pages: 740