Open AccessAcquisition of Exploration and Production Rights Outside of Canada
Author(s) -
Robert F. Newby
Publication year - 1976
Publication title -
alberta law review
Language(s) - English
Resource type - Journals
eISSN - 1925-8356
pISSN - 0002-4821
DOI - 10.29173/alr607
Subject(s) - production (economics) , subsidiary , investment (military) , selection (genetic algorithm) , point (geometry) , business , industrial organization , economics , economic system , finance , multinational corporation , political science , computer science , law , macroeconomics , politics , geometry , mathematics , artificial intelligence
From practical point of view, the author examines problems which may be encountered in determining the most suitable method of acquisition of exploration and production rights outside of Canada. The paper deals with the evaluation of fiscal and operational considerations, including tax ramifications of alternatives in both Canada and the host country. It deals briefly with practical factors in assessment of the investment climate in the host country; and, it deals extensively with selection of the most appropriate corporate vehicle through which to hold the concession, examining the comparative advantages and disadvantages of branches and subsidiaries with special attention to tax implications.