Management of Petroleum Profit Tax

Petroleum Profit Tax and other taxation issues such as unitization and joint venture arrangement if not managed properly can cause financial loss or loss of tax opportunity to an organisation.
The companies in the Upstream sector of the Oil and Gas Industries whether under concessions, leases, PSC, and RSCs need to adequately manage their tax exposures including royalties and to take advantage of tax benefits available. To do this, there is need to engage a team that is versed and highly experienced in the industry matters.

BVS Professional Services have the resources, skills, experience and specialists in areas of petroleum profit tax and joint venture management who carry out their assignments with due diligence and help your companies to effectively and efficiently plan for your taxes to avoid unpleasant surprises and to comprehensively manage all such risks, financial, legal and reputational that may arise from such surprises.