Access full legislation.And much more.
By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.
- AI tax research with linked legislation and Finance Act changes
- Commentary, official guidance, publications and training material
- Case law, appeals and tribunal decisions in one place
Oil Taxation Act 1975 section 4
Disposal of long-term asset formerly used in connection with an oil field [OTA 1975 Sch 4 para 4]
Schedule 4, paragraph 4 deals with how the disposal proceeds from selling a long-term asset used in connection with an oil field reduce the amount of expenditure that can be claimed as an allowance under petroleum revenue tax.
Access full legislation.And much more.
By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.