Pipelines and Tax Treaties
Article from: OGEL 4 (2006), in Pipelines
I believe Dr. Sergei Vinogradov once said that a pipeline was only a simple tube, which transported oil or gas, and one might wonder why the taxation of a simple tube can be as complicated as it is. A pipeline is a unique asset, as one single pipeline might cross many jurisdictions. It might be laid onshore or offshore or even in the High Seas or the in the Polar Area. Furthermore, it may have several owners and / or operators, which might be located in different jurisdictions. One single pipeline might therefore be taxable in many jurisdictions, but it might also be laid ...