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Page 463
... production pay- ment by a lessor ( or sublessor ) in a leasing transaction shall , from the standpoint of the lessee , be treated as if such production payment constituted an installment bonus . A special exception is made for carve ...
... production pay- ment by a lessor ( or sublessor ) in a leasing transaction shall , from the standpoint of the lessee , be treated as if such production payment constituted an installment bonus . A special exception is made for carve ...
Page 467
... Production Payments as a Royalty In view of Section 636 ( c ) , it is unlikely that a reserved production payment will be utilized with respect to pro- ducing properties as additional consideration in lieu of bonus in a leasing ...
... Production Payments as a Royalty In view of Section 636 ( c ) , it is unlikely that a reserved production payment will be utilized with respect to pro- ducing properties as additional consideration in lieu of bonus in a leasing ...
Page 473
... production payment from his gross income at no tax cost to S who would take the amount into income but , as a result ... production payment in re- turn for equipment in a sharing arrangement transaction . Since the party carving out the ...
... production payment from his gross income at no tax cost to S who would take the amount into income but , as a result ... production payment in re- turn for equipment in a sharing arrangement transaction . Since the party carving out the ...
Contents
Environmental | 1 |
Refining Marketing and the Environment | 19 |
Transportation and the EnvironmentTraffic | 69 |
Copyright | |
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5th Cir agency allocation amount applicable assets basis capital gains carrying party Code Comm'r Commission compensation compulsory unitization Corp corporate general partner costs cotenant deduction depletion earned income effect entirety clause environmental error ref'd executive exploration federal income tax Gas Inst Internal Revenue Service investment investor involved lease lessee lessor liability lien limited partners limited partnership Matthew Bender ment mineral NEPA nonoperator Oil & Gas oil and gas Okla Oklahoma Oklahoma Supreme Court operating agreement ordinary income owner participants partnership interests Pennzoil percent permit Petroleum pipeline POGO pollution prior problems production payment Refuse Act Regulations restricted stock Revenue royalty rule Section service partner share Sinclair Oil statute stock option strict liability substantial supra tax preference taxable taxpayer Texas Texas Supreme Court tion tract transfer Water Pollution water quality