TAX REFORM IN THE OIL INDUSTRY

2002 ◽  
Vol 42 (1) ◽  
pp. 639
Author(s):  
M. Williamson
Keyword(s):  
Federal Government ◽  
Tax Reform ◽  
Prime Minister ◽  
Oil Industry ◽  
Project Development ◽  
New Developments ◽  
Business Executive ◽  
Tax Legislation ◽  
John Howard

Following the return of the Liberal National Country Party for its second term of office under the Prime Minister, Mr John Howard, the Federal Government established a committee headed by a business executive Mr John Ralph. This Committee produced an extensive report recommending substantial changes to the Australian tax legislation. Following consideration of the report by the Federal Government, substantial amendments were proposed in September and November 1999. Many of these proposals have now been legislated and several remain in the pipeline awaiting Parliament scrutiny.This paper covers the practical aspects of the changes to the tax legislation, along with examination of particular issues associated with new developments in matters such as gas banking. Particular focus has been made on the new Uniform Capital Allowances Provisions and the deductions which will be available to the industry against upstream project development expenditures.

Holding Australia to Ransom: The Colston Affair, 1996–2003

2010 ◽  
Vol 17 (1) ◽  
pp. 59-74
Author(s):  
Malcolm Saunders ◽  
Neil Lloyd
Keyword(s):  
Prime Minister ◽  
Policy Issue ◽  
National Party ◽  
Party Government ◽  
The Status ◽  
John Howard

Probably no one who has entered either federal or state Parliament in Australia departed from it as loathed and despised as Malcolm Arthur Colston. A Labor senator from Queensland between 1975 and 1996, he is remembered by that party as a ‘rat’ who betrayed it for the sake of personal advancement. Whereas many Labor parliamentarians – most notably Prime Minister ‘Billy’ Hughes in 1917 have left the party because they strongly disagreed with it over a major policy issue or a matter of principle, in the winter of 1996 Colston unashamedly left it to secure the deputy presidency of the Senate and the status, income and several other perquisites that went with it. Labor's bitterness towards Colston stems not merely from the fact that he showed extraordinary ingratitude towards a party that had allowed him a parliamentary career but more especially because, between his defection from the party in August 1996 and his retirement from Parliament in June 1999, his vote allowed the Liberal-National Party government led by John Howard to pass legislation through the Senate that might otherwise have been rejected.

Canada-US ties will see fewer irritants under Biden

2021 ◽  
Keyword(s):  
United States ◽  
Prime Minister ◽  
Oil Industry ◽  
The United States ◽  
Donald Trump ◽  
Federal Election ◽  
Content Type ◽  
Un Peacekeeping ◽  
Keystone Xl ◽  
Keystone Xl Pipeline

Significance Canada’s Liberal Prime Minister Justin Trudeau is preparing to welcome a more predictable and stable partner in Biden than outgoing Republican President Donald Trump. However, Biden is also expected quickly to cancel the Keystone XL pipeline, cutting another lifeline to Canada’s oil industry and creating some strain in Canada-US ties. Impacts Improved Canada-US ties will persist even if Trudeau loses the next federal election to Conservative Erin O’Toole. Canada will re-engage militarily with UN peacekeeping and NATO deployments. Trudeau will encourage Biden to end US prosecution of Meng Wanzhou, allowing Canada to release her; Biden may agree. Canada’s border with the United States will open in stages as COVID-19 recedes. Ottawa will push Biden to end ‘Buy American’ procurement policies, with little success.

The Apogee of India - Nepal relations under NDA First Modi Government

2021 ◽  
pp. 166-171
Author(s):  
Afroz Ahmad ◽  
Usha Roopnarain
Keyword(s):  
Federal Government ◽  
Prime Minister ◽  
Parliamentary Election ◽  
Bharatiya Janata Party ◽  
The Absolute ◽  
The Government ◽  
Democratic Norms ◽  
First Time

The last Indian parliamentary election held in 2014, proved to be the finest example of India’s age-old commitment towards the pinnacle of democratic norms. India had set a niche by conducting the largest democratic franchise in history. First time ever since the 1984, Bharatiya Janata Party (BJP) achieved the majority in the Lok Sabha without clubbing with coalition partners. It also got the absolute mandate to rule India’s federal government by ending the Congress monopoly. Interestingly, the Prime Ministerial candidate Narendra Modi in his campaigns criticized Congress-led United Progressive Alliance II (UPA II) for its impotency towards establishing friendly and cooperative relations with India’s neighbors. He also gave assurance that if his party (BJP) got the mandate, his leadership would adopt appropriate measures to resuscitate convivial ties with neighbors. Since forming the government, Prime Minister Modi has been persistently trying to pursue those promises by proceeding towards friendly ties with India’s neighbors. In the light of above discussion, this paper seeks to critically analyze the progress in Indo-Nepal relations under BJP government led by Prime Minister Narendra Modi.

Interview with Gilles de Kerchove

2021 ◽  
pp. 1-22
Keyword(s):  
Federal Government ◽  
Prime Minister ◽  
Active Role ◽  
Fundamental Rights ◽  
European Law ◽  
Saint Louis ◽  
Deputy Prime Minister ◽  
Charter Of Fundamental Rights ◽  
General Secretariat ◽  
The Eu

Gilles de Kerchove was appointed European Union (EU) Counter-Terrorism Coordinator (EU CTC) on 19 September 2007. In this function, he coordinates the work of the EU in the field of counterterrorism (CT), maintains an overview of all the instruments at the Union's disposal, closely monitors the implementation of the EU CT strategy and fosters better communication between the EU and third countries to ensure that the Union plays an active role in the fight against terrorism. He was previously Director for Justice and Home Affairs at the EU Council General Secretariat (1995–2007) and Deputy Secretary of the Convention which drafted the Charter of fundamental rights of the EU (1999–2000). Before that he was Head of the Private Office of the Deputy Prime-Minister of the Federal Government of Belgium, Minister of Justice and Minister of Economic Affairs (1993–1995) and Head of the Private Office of the Deputy Prime-Minister of the Federal Government of Belgium, Minister of Justice and Minister of SMEs (1989–1992). Mr de Kerchove is a Professor of European Law at the Université Catholique de Louvain, at the Université Libre de Bruxelles and at the Université Saint Louis-Bruxelles. He has published a number of books and numerous articles on European law, human rights, security and CT.

scholarly journals TAX POLICY OF THE STATE IN THE OIL INDUSTRY AS AN INSTRUMENT OF ENSURING FINANCIAL SAFETY OF THE RUSSIAN FEDERATION IN THE PERIOD OF AN UNSTABLE ECONOMIC AND POLITICAL COUNTRY SITUATION

2017 ◽  
Vol 13 (1-2) ◽  
pp. 97-101
Author(s):  
Elena N Gorbunova
Keyword(s):  
Russian Federation ◽  
Tax Reform ◽  
Oil Industry ◽  
The State ◽  
Oil Companies ◽  
First Results ◽  
The Russian Federation ◽  
Ministry Of Finance ◽  
Oil Sector ◽  
Effective Result

Oil extraction taxation in our country was and remains a subject of special discussion. This article deals with actual problems of the taxation of the entities of an oil sector in the conditions of financial crisis, the sanctions imposed against Russia and the low prices of oil are considered. The object of research are topical issues of the taxation of the oil industry, in particular the mechanism of the taxation of the added income of the oil companies. The main options of tax mechanisms offered by the Ministry of Finance of the Russian Federation and the Ministry of Energy of the Russian Federation are considered and also opinions of heads of the largest oil companies of the Russian Federation of rather operating system of the taxation of the oil industry are analyzed. The special attention is paid to the analysis of the first results of the carried-out tax reform concerning entering of tax maneuver as one of the main mechanisms of financial safety of the state. The main conclusions of research is that receipt of effective result requires system work concerning reform of the taxation of the oil industry, a phased transition from tax maneuver to the taxation of the added income of the oil companies.

‘I Certainly Don't Want People like That Here’: The Discursive Construction of ‘Asylum Seekers’

2003 ◽  
Vol 109 (1) ◽  
pp. 109-120 ◽  
Author(s):  
Alison Saxton
Keyword(s):  
National Identity ◽  
Public Opinion ◽  
Collective Identity ◽  
Asylum Seekers ◽  
Print Media ◽  
Prime Minister ◽  
Discursive Construction ◽  
Dominant Culture ◽  
Nationalist Discourse ◽  
John Howard

In October 2001, it was alleged that asylum seekers had thrown their children overboard in order to manipulate the Australian Navy to pick them up and take them to Australian territory. In response to this incident, Prime Minister John Howard announced on radio 3LO: ‘I certainly don't want people like that here.’ (Mares, 2002: 135) A discursive approach is adopted in this paper to examine how asylum seekers have been constructed to be ‘people like that’ in the print media. The analysis demonstrates that asylum seekers have been represented as illegal, non-genuine and threatening in these texts. These representations were employed within nationalist discourse to legitimate the government's actions and public opinion concerning asylum seekers and to manage the delicate issue of national identity. The discursive management of the collective identity of asylum seekers by the dominant culture to construct a specific social reality is discussed and illustrated.

New Developments for the Offshore Oil Industry

1971 ◽  
Vol 8 (01) ◽  
pp. 8-12
Author(s):  
M. G. Krutein ◽  
J. A. Reed
Keyword(s):  
Broad Spectrum ◽  
Production Systems ◽  
Oil Production ◽  
Oil Industry ◽  
Offshore Drilling ◽  
New Developments ◽  
Offshore Oil Industry ◽  
Offshore Oil

More than a decade ago, oil drillers and naval architects started to use vessels instead of fixed structures for offshore drilling. A multitude of novel platform concepts were developed which allowed the tremendous spreading of offshore oil activities. Today, search for oil spreads into areas of greater depth and farther away from the shores. This requires new developments of technology over a broad spectrum. The latest concepts of underwater oil production systems are briefly described.

Belgian politics in 1987

Res Publica ◽  
1988 ◽  
Vol 30 (2-3) ◽  
pp. 201231
Author(s):  
Ivan Couttenier
Keyword(s):  
Tax Reform ◽  
Prime Minister ◽  
Important Decision ◽  
The Government ◽  
The Many

In 1987 the Martens center-right cabinet had to resign over the perennial Fourons issue. The many painstakingly reached compromises each time met strong opposition from the Francophone Social Christian Party (PSC) and its ministers on the government benches. Once the government resignation accepted by the King, Parliament was dissolved and elections were held. They resulted in a Socialist victory, and a personaldefeat for Prime Minister Martens. In the election aftermath, a cabinet of Christian Democrats and Socialists became more likely.Because of the Fourons issue, the Cabinet found hardly time to address their other issues, and many of the decisions it reached were never implemented because of the government crisis ; e.g. the tax reform plan.The most important decision in the international field was the sending of minesweepers to the Gulf.

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