The New Alberta Royalty Framework
Article from: OGEL 4 (2007), in Taxation
Introduction
As the title of this report indicates, this is a framework for Alberta's new royalty regime. As the government further develops the new royalty regime, adjustments may be made to ensure there are no unintended consequences to its decisions. Both the public and stakeholders will be consulted should significant adjustment be necessary. This is in keeping with Premier stelmach's commitment to open, transparent government. The new royalty regime takes effect in January 2009. A lead time of one year is required to ensure the appropriate legal framework and administrative systems ...