This module examines the taxation of upstream oil and gas operations in an international context. The paper addresses fundamental tax issues within the oil and gas sector, including a number of country examples, permanent establishments and transfer pricing methods, the taxation of intellectual property, mergers and acquisitions, financing and trading activities within the sector. Please see the syllabus for full details.
The exam consists of three parts. Part A consists of two mandatory questions worth 25 marks each. Part B consists of two questions worth 20 marks each, of which candidates are required to answer one. Part C consists of four questions worth 15 marks each, of which candidates are required to answer any two.
This exam is currently offered in the June ADIT exam session.
You can find the full list of examinable topics for the Upstream Oil and Gas option module in the ADIT syllabus.
You can also download past papers for this and other ADIT exams, together with suggested solutions and examples of successful candidate scripts.
Tuition for this and other ADIT modules is available via a selection of course providers around the world.