Tag: Senate Finance Committee

  • Energy Tax Facts
  • 26 Sep 14

Senate Finance Committee Talks Energy Taxes

This month, the Senate Finance Committee held a hearing on the U.S. tax code as it pertains to American energy development, including the role and future of certain provisions that impact America’s independent oil and natural gas producers. Present at the hearing was the Honorable Don Nickles, who served in the U.S. Senate from 1981 […]

  • Energy Tax Facts
  • 22 Oct 13

Oil and Gas Supply Chain Group Supports the IDCs Deduction

This week the Energy Equipment and Infrastructure Alliance (EEIA) sent a letter to leaders of the House Ways & Means and Senate Finance Committees urging members to reject any proposal to eliminate the expensing of intangible drilling costs (IDCs) as part of any comprehensive tax reform.  Significantly, the EEIA does not represent oil and gas […]