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IRS, IDC's, and Farmouts: A Critical Analysis

IRS, IDC's, and Farmouts: A Critical Analysis
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United States , Miltonr Copulos , Means Committee , Revenue Service , Tax Reform Act , Intangible Drilling Costs , Drilling Costs , House Ways , Reform Act , Internal Revenue , Prince Fahd ,

Intangible Drilling Costs: A Tax on Risks

(Archived document, may contain errors) 86 August 18, 1982 INTANGIBLE DRILLING COSTS: A TAX ON RISKS INTRODUCTION Tax hikes need not be huge to do great damage to the economy. In some instances, even very small tax increases can have effects far outweighing the marginal additional tax dollars they generate. A case in point is the minimum tax on so-called Intangible Drilling Costs, or IDCs. ....

United States , Miltonr Copulos , Department Of Energy , Many Members Of Congress , Gross National Product , Petroleum Producers Association , Intangible Drilling Costs , Drilling Costs , Independent Petroleum Producers Association ,