51852aca_y_and_Natural_Resources_Center__Course_Description
[0] Spring 2016 [Course] 5239 Oil & Gas Tax [Credit] 2 [Course Area] Taxation Energy, Natural Resources and Environmental Law [Course Description] 
Oil and Gas Income Taxation covers the United States federal income taxation of domestic oil and gas operations and transactions. The course examines taxation associated with the operational life cycle of oil and gas operations including exploration, development, production and abandonment. The study of transactions involving oil and gas interests analyzes acquisition, disposition, structuring and investment. Course participants learn the historical context and development of oil and gas provisions found in the U.S. tax law. Current tax legislative proposals or enactments that affect the oil and gas industry are addressed if warranted. The emphasis is on federal income taxation of domestic oil and gas transactions, although certain international tax aspects of the oil and gas business will be referenced and contrasted throughout the class.
University of Houston Law Center - Environment, Energy and Natural Resources Center
Course Description