Oil and Gas Investments Rise Amid Tax Shelters and Risk
The piece notes a boom in oil and gas investments driven by fuel shortages and tax shelters appealing to high earners. It outlines four key deductions intangible drilling costs depreciation cost depletion and percentage depletion plus cautions about investment risk and tax laws.
MENTIONED IN THIS ARTICLE
Eli Warach
Prentice-Hall
Congress
Warach
Prentice- Hall
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