Law for the Promotion of Oil & Gas Exploration and Exploitation in Argentina
Article from: OGEL 4 (2006), in Professional News
Introduction
On October 11th, 2006, the National Congress of Argentina passed the Law for the Promotion of Oil & Gas Exploration and Exploitation in Argentina (hereinafter, the "Law") aimed at fostering the very much needed exploration and exploitation activities in the country. The Law provides for the granting of concessions of new areas for exploration and exploitation of oil & gas and for different tax benefits to the companies performing these activities in the country. Among these tax benefits there is an anticipated refund of VAT, accelerated ...