Seminars

In-Person Course

SKU 00055
$299.00
In stock
1
Product Details

Course Description & Learning Objectives

Program Level Advanced

Program Prerequisite Texas Franchise Tax

Course Time (8am-4pm)

Location : TBD

Texas Advanced Franchise Tax (4hrs)

Those with a basic understanding of Texas franchise tax law should attend this course to gain in-depth knowledge of Texas franchise tax issues arising in Texas' major industries from an attorney who works on the front lines, trying complex Texas franchise tax cases in court and arguing the related appeals.

Course Topics Include:

⬧ Revenue Exclusion for Real Estate Activities

⬧ Revenue Exclusion for O&G Production

⬧ Heavy Equipment Rentals

⬧ COGS Installation Labor

⬧ Compensation

⬧ Service Industry Apportionment

⬧ Net Gains/Losses Apportionment

⬧ Transportation Apportionment

⬧ Management Companies

⬧ Combined Reporting

⬧ Medical Exclusions

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

This course explains how the Texas sales & 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, 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

If you have friends or colleagues that wish to attend this course, please email us at info@lat-seminars.com 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: www.learningmarket.org

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