Uppskot til Løgtingslóg um broyting í løgtingslóg um at skatta inntøkur av kolvetnisvirksemi (Kolvetnisskattalógin) (LM-053/2024): Uppskot til broyting í Oljuskattalóg

Translated title of the contribution: Parliamentary Bill on Hydrocarbon Taxation (LM-053/2024): Proposal to reduce the rate of Normal Hydrocarbon Tax

Research output: Other contribution

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Abstract

Preparation of Bill on Hydrocarbon Taxation to Faroese Parliament (Løgting). The work involves economic analysis of model oilfield with cash flow analysis of government take. Drafting bill in correct economic and legal terms to present the case for reducing the rate of Normal Hydrocarbon Tax from 27% to 18% in line with current Corporation Tax. Consultancy work on behalf of 3 different political parties.
Translated title of the contributionParliamentary Bill on Hydrocarbon Taxation (LM-053/2024): Proposal to reduce the rate of Normal Hydrocarbon Tax
Original languageFaroese
TypeParliamentary Bill on Hydrocarbon Taxation
Media of outputOnline
PublisherFøroya Løgting
Number of pages20
Place of PublicationTórshavn
Publication statusSubmitted - 20 Dec 2024

Keywords

  • Parliamentary Bill on Hydrocarbon Taxation
  • proposal
  • reduction of rate of Normal Hydrocarbon Tax
  • Faroe Islands

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