AMT RULES CHANGE SEEN BOON FOR U.S. DRILLING

Changes in alternative minimum tax (AMT) rules contained in U.S. energy legislation could make more capital available for drilling, predicts John Swords, head of the national energy tax practice of Coopers & Lybrand. "Several classes of investors, including additional institutional investors, may begin looking favorably at the domestic drilling industry if the pending changes in AMT are passed into law," Swords said. He works in the Dallas office of the international accounting firm.

Oct 5th, 1992
In order to access this content, you must be logged-in and have an active subscription to the OGJ Premium Archive

Subscribe

More in Home
190610ogj 08
OGJ Newsletter