New Mexico recently enacted legislation qualifying pass-through entities to make an annual election to pay an entity-level state tax for taxable years beginning on or after January 1, 2022. Here’s what it means for your oil...more
6/1/2022
/ Exceptions ,
Income Taxes ,
Limited Liability Company (LLC) ,
Oil & Gas ,
Partnerships ,
Pass-Through Entities ,
Required Forms ,
State Taxes ,
Tax Exempt Entities ,
Tax Returns ,
Withholding Tax
Many oil and gas companies and their investors are looking at declaring bankruptcy, which creditors may think they’re ready for. But, they must take income tax considerations into account, says Opportune LLP Managing Director...more
Find out why upstream oil and gas investors should take into account income tax considerations during and after a restructuring event. ...more
Find out why some energy companies are considering potential oil and gas impairments amid low oil and gas pricing, and what key considerations go into conducting these impairments in order to comply with debt covenants and...more
2/14/2020
/ Business Assets ,
Corporate Governance ,
Corporate Taxes ,
Crude Oil ,
Disclosure Requirements ,
Financial Statements ,
Future Impairment ,
Futures ,
GAAP ,
Natural Gas ,
Oil & Gas ,
Privately Held Corporations ,
Property Valuation ,
Publicly-Traded Companies ,
Securities and Exchange Commission (SEC) ,
Valuation