Does the oil and gas industry get exemptions from taxes?

1

Answers


  1. 0 Votes

    Yes. They are called ‘tax expenditures’. Generally, these ‘expenditures’ are taken out at the state-level, and thus, must be examined there as well. Although this site is focused on Oklahoma, it details a lot of information that is applicable in other states regarding your question:

    http://okpolicy.org/blog/taxes/limiting-oil-and-gas-tax-exemptions-would-help-bring-budget-balance/

     

Please signup or login to answer this question.

Sorry,At this time user registration is disabled. We will open registration soon!