At European level, each country operates a specific tax regime for the oil and gas industry. This consists of royalties or other specific taxes, together with certain rates of corporate income tax applicable to economic operators.
In order to provide a comparative presentation of the tax environment applicable to the upstrem sector in Europe, the analysis focused on Romania and 15 other countries.
This study was conducted by Deloitte experts at the request of the Romanian Association of Oil Exploration and Production Companies (ROPEPCA).
