Open AccessTaxation of the Prospecting, Exploration and Extraction of Shale Gas on Polish Territory
Author(s) -
Przemysław Pest
Publication year - 2016
Publication title -
financial law review
Language(s) - English
Resource type - Journals
ISSN - 2299-6834
DOI - 10.1515/flr-2016-0014
Subject(s) - prospecting , profitability index , extraction (chemistry) , oil shale , shale gas , natural resource economics , petroleum engineering , geology , business , geochemistry , economics , chemistry , finance , paleontology , chromatography
The article presents the most important legal regulations addressing taxation of the prospecting, exploration and extraction of shale gas on polish territory, discussing the types of taxes applicable to enterprises engaged in this type of activity: the hydrocarbon tax, the tax on the extraction of some minerals, income tax, environmental usage fee, and property tax. The research issue is an important one when considering how the taxes assessed on entities conducting activity that consists in the prospecting, exploration and extraction of shale gas is one of the factors determining the profitability of such activity in Poland.