In-Person Course

SKU 00057
In stock
Product Details

Course Description & Learning Objectives

Program Level Basic

Program Prerequisite none

Course Time (8am-4pm)

Location: Hilton Post Oak – Houston 2001 Post Oak Blvd. Houston, TX 77056

Texas Sales Tax for the Oilfield Services Industry (4hrs)

This course explains how the Texas sales and use tax and well servicing tax rules apply to the oilfield services industry at all stages of the drilling and completion processes.

This course starts with determining an area of interest, then proceeds through the drilling and completion of a well.

After discussing the rules for producing fields, we conclude with tax rules for workover, plugging, and abandonment.

We also review the Comptrollers recent change in taxing policies for oilfield services, including flowback, directional drilling, and others.

Course Topics Include:

⬧ Seismic and Site Work

⬧ Drilling and Completion

⬧ Well-Servicing Issues

⬧ Operating Producing Fields

⬧ Workover

Texas Sales Tax for the Construction Industry (4hrs)

Learn how the Texas sales tax rules apply to all aspects of residential and commercial construction work.

We address contract pricing issues, new construction, remodeling, and repair/maintenance. We'll also cover issues arising with dedicated improvements, common areas, erosion control measures, and tax-exempt jobs.

We’ll also discuss the TERP, motor vehicle sales tax, and motor fuels tax issues along with strategies in minimizing their taxes.

Finally we’ll cover the special rules applicate to work done in declared disaster areas.

Course Topics Include:

⬧ Contract Pricing Issues

⬧ New Construction

⬧ Commercial Repair, Remodeling, and Maintenance

⬧ Residential Development

⬧ Tax-Exempt Jobs

⬧ Pitfalls in Contract Drafting

If you have friends or colleagues that wish to attend this course, please email us at to receive a colleague discount.

No advanced preparation needed for this course.

Digital course materials will be provided (PDF)

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LAT Seminars is registered with the National Association of state Boards of Accountancy (NASBA) as a sponsor of continuing professional educations on the National Registry of CPE Sponsors. State boards of accountancy have final authority of the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:

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