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Contents

Official guidance
Oil Taxation Manual

OT13500 · PRT: Foreign Fields

  • OT13510 · Definition of Foreign Field
  • OT13525 · Tariff and Disposal Receipts
  • OT13550 · TRA and Foreign User Fields
  • OT13560 · Oil Allowance - Foreign Fields
  • OT13570 · E&A - Designated Area - Transmedian Fields
  • OT13600 · Double Taxation Relief
  • OT13650 · Abolition of PRT - Foreign and Transmedian Fields
  1. PRT: Foreign Fields: contents
  2. PRT: Foreign Fields - Oil Allowance - Foreign Fields

OT13560 | PRT: Foreign Fields - Oil Allowance - Foreign Fields

From HM Revenue & Customs · Oil Taxation Manual

Oil allowance is not available to reduce the assessable profit of a participator in a foreign field, OTA83\SCH4\PARA9(2) (See OT17050).

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