Income Taxation of Natural Resources 2014

The Professional Development Institute(PDI) has released the 2014 Edition of Income Taxation of Natural Resources, an essential reference for all tax professionals and practitioners in the natural resources industries.

The 2014 Edition covers vital tax and reporting practices and procedures; considers various changes and updates relative to the IRS; and deals with many recent developments affecting tax professionals, including:

  • Developments regarding conveyances, joint operations, and complex partnership issues
  • Guidance related to exploration and development costs, royalties, depreciation, depletion, gross income, taxable income and tax credits
  • The latest developments on natural resources issues

The 2014 Edition includes more than 1000 pages, 24 chapters, many germane appendices, enhanced graphics and a comprehensive index.