Consulting & Litigation

Executive Order Whereby Tax Benefits are Granted to Taxpayers Engaged in Hydrocarbon Operations

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On August 18, 2017 an executive order whereby tax benefits are granted to taxpayers engaged in hydrocarbon operations (the “Order”) was published in the Federal Official Gazette. The Order grants benefits to permit holders engaged in hydrocarbon exploration and extraction. Due to the downward adjustment in international hydrocarbon prices and the improvement in extraction conditions, […]