All Discussions Tagged 'tax' - GoHaynesvilleShale.com2024-03-28T15:55:56Zhttps://gohaynesvilleshale.com/forum/topic/listForTag?tag=tax&feed=yes&xn_auth=noTax forms from ChKtag:gohaynesvilleshale.com,2013-01-27:2117179:Topic:28328832013-01-27T10:07:42.689Zdan dugdalehttps://gohaynesvilleshale.com/profile/dandugdale
<p>Anyone got their tax forms from CHk yet? Is there a minimum amount of royalties before they are required to send?</p>
<p>Anyone got their tax forms from CHk yet? Is there a minimum amount of royalties before they are required to send?</p> Bloomberg Businessweek: "Chesapeake's 1% Tax Rate Shows Cost of Drilling Subsidy" 7/2/2012tag:gohaynesvilleshale.com,2012-07-02:2117179:Topic:26060162012-07-02T20:52:51.493ZDrWAVeSport Cd1https://gohaynesvilleshale.com/profile/DrWAVeSportV
<p>"...Chesapeake paid $53 million over its 23-year history, or about 1 percent of the cumulative pretax profits during that period, data compiled by Bloomberg show. That's less than half of Chief Executive Officer Aubrey McClendon's compensation, for example, in 2008 alone..."…</p>
<p></p>
<p>"...Chesapeake paid $53 million over its 23-year history, or about 1 percent of the cumulative pretax profits during that period, data compiled by Bloomberg show. That's less than half of Chief Executive Officer Aubrey McClendon's compensation, for example, in 2008 alone..."</p>
<p><a href="http://www.businessweek.com/news/2012-07-02/cheaspeake-s-1-percent-tax-rate-shows-cost-of-drilling-subsidy#p1">http://www.businessweek.com/news/2012-07-02/cheaspeake-s-1-percent-tax-rate-shows-cost-of-drilling-subsidy#p1</a> ~ written by Zachary Mider, Bradley Olson, Jesse Drucker, and Todd White ~ July 2, 2012</p>
<p>WOW! </p>
<p>"Defer Taxes Forever..."</p>
<p>And they're $20 Billion in debt????</p>
<p>IMO, These O&G Producers (probably many other O&G Producers besides CHK) double dip revenues to avoid the Tax Man...</p>
<p>Forever...</p>
<p>My "next" life I wish to be a U.S. O&G Producer... LOL</p>
<p>DrWAVeSport Cd1 7/2/2012</p>
<p> </p>
<p> </p> Briefs... from the regular session of the Louisiana Legislaturetag:gohaynesvilleshale.com,2011-05-23:2117179:Topic:19202052011-05-23T19:10:01.823Zjffree1https://gohaynesvilleshale.com/profile/jffree1
<ul class="article_meta clear">
<li>THE ASSOCIATED PRESS </li>
<li>First Posted: May 23, 2011 - 2:32 pm<br></br>Last Updated: May 23, 2011 - 2:33 pm</li>
</ul>
<p>BATON ROUGE, La. — A New Orleans area lawmaker's proposal to tax the piping of natural gas through Louisiana failed to win approval Monday from a House committee, likely killing the tax hike for the session.</p>
<p>Rep. Reed Henderson, D-Chalmette, said the legislation would help cover state budget shortfalls, as well as repair…</p>
<ul class="article_meta clear">
<li>THE ASSOCIATED PRESS </li>
<li>First Posted: May 23, 2011 - 2:32 pm<br/>Last Updated: May 23, 2011 - 2:33 pm</li>
</ul>
<p>BATON ROUGE, La. — A New Orleans area lawmaker's proposal to tax the piping of natural gas through Louisiana failed to win approval Monday from a House committee, likely killing the tax hike for the session.</p>
<p>Rep. Reed Henderson, D-Chalmette, said the legislation would help cover state budget shortfalls, as well as repair environmental damage from existing pipelines and drilling.</p>
<p>"One of the things that's always made me very angry is the fact that our state is being used and abused in order to provide the cheap cost of energy to the rest of the country," said Henderson.</p>
<p>Business and energy industry representatives, along with Republican Gov. Bobby Jindal, opposed the measure.</p>
<p>As proposed by Henderson, the bill would have needed 2/3 support from lawmakers and backing from voters to change the state constitution. The House Ways and Means Committee rejected the measure without objection.</p>
<p>Rep. Jane Smith, R-Bossier City, said the proposal could discourage development in the Haynesville Shale in northwestern Louisiana, which has become the largest-producing natural gas shale find in the United States.</p>
<p>"There are many direct and indirect wonderful things that are happening because of what's happened with the Haynesville Shale," said Smith. "The last thing we want to do is something to disenfranchise that."</p>
<p> </p>
<p><a href="http://www.therepublic.com/view/story/b36cb1072e684c41baa742a23bd00e27/LA-XGR--Notes/">http://www.therepublic.com/view/story/b36cb1072e684c41baa742a23bd00e27/LA-XGR--Notes/</a></p> Have property assessment/tax statements for payment been sent yet, Desoto Parish?tag:gohaynesvilleshale.com,2009-10-16:2117179:Topic:9687442009-10-16T19:44:17.751ZVSC DeSoto Southhttps://gohaynesvilleshale.com/profile/ValerieS
Anybody received theirs yet?<br />
If I remember right, they should be coming soon?<br />
Does the tax collector (sheriff's) office have a working website for more information or a contact email address that is valid?<br />
Does the assessor's office have a working website for more information or a contact email address that is valid?
Anybody received theirs yet?<br />
If I remember right, they should be coming soon?<br />
Does the tax collector (sheriff's) office have a working website for more information or a contact email address that is valid?<br />
Does the assessor's office have a working website for more information or a contact email address that is valid? Didn't know that..what a gig...tag:gohaynesvilleshale.com,2009-09-18:2117179:Topic:9144532009-09-18T18:17:26.982ZMarkhttps://gohaynesvilleshale.com/profile/Mark52
Searching through the EIA report. Found a company called Motiva Industries. They seem to have 3 refineries along the Gulf Coast. Also found that they are owned by two companies, 50% each. Shell and guess who....SAUDI ARAMCO! Apparently Motiva imports an average of 1 million bo/d from exclusivley OPEC. What a coincidence.<br />
<br />
Does anybody know how long they've been in business or how thay are allowed to buy from themselves and then sell to US companies and consumers? Very interesting. Wonder if…
Searching through the EIA report. Found a company called Motiva Industries. They seem to have 3 refineries along the Gulf Coast. Also found that they are owned by two companies, 50% each. Shell and guess who....SAUDI ARAMCO! Apparently Motiva imports an average of 1 million bo/d from exclusivley OPEC. What a coincidence.<br />
<br />
Does anybody know how long they've been in business or how thay are allowed to buy from themselves and then sell to US companies and consumers? Very interesting. Wonder if Obama is going to tax them extra as well as the domestic companies. Manchurian Candidate? (from Bloomberg)tag:gohaynesvilleshale.com,2009-03-09:2117179:Topic:5214612009-03-09T19:28:50.485Zexbig4accthttps://gohaynesvilleshale.com/profile/exbig4acct
<b>Worth taking the time to read (from respected media source (Bloomberg), not right-wing blog)...</b><br />
Link:<br />
<a>http://www.bloomberg.com/apps/news?pid=20601039&refer=columnist_hassett&sid=amhpOT5rlR1Y</a><br />
<br />
‘Manchurian Candidate’ Starts War on Business: Kevin Hassett<br />
<br />
Commentary by Kevin Hassett<br />
<br />
<br />
March 9 (Bloomberg) -- Back in the 1960s, Lyndon Johnson gave us the War on Poverty. In the 1970s, Richard Nixon launched the War on Drugs. Now that we have seen President Barack…
<b>Worth taking the time to read (from respected media source (Bloomberg), not right-wing blog)...</b><br />
Link:<br />
<a href="http://">http://www.bloomberg.com/apps/news?pid=20601039&refer=columnist_hassett&sid=amhpOT5rlR1Y</a><br />
<br />
‘Manchurian Candidate’ Starts War on Business: Kevin Hassett<br />
<br />
Commentary by Kevin Hassett<br />
<br />
<br />
March 9 (Bloomberg) -- Back in the 1960s, Lyndon Johnson gave us the War on Poverty. In the 1970s, Richard Nixon launched the War on Drugs. Now that we have seen President Barack Obama’s first-year legislative agenda, we know what kind of a war he intends to wage.<br />
<br />
It is no wonder that markets are imploding around us. Obama is giving us the War on Business.<br />
<br />
Imagine that some hypothetical enemy state spent years preparing a “Manchurian Candidate” to destroy the U.S. economy once elected. What policies might that leader pursue?<br />
<br />
He might discourage private capital from entering the financial sector by instructing his Treasury secretary to repeatedly promise a brilliant rescue plan, but never actually have one. Private firms, spooked by the thought of what government might do, would shy away from transactions altogether. If the secretary were smooth and played rope-a-dope long enough, the whole financial sector would be gone before voters could demand action.<br />
<br />
Another diabolical idea would be to significantly increase taxes on whatever firms are still standing. That would require subterfuge, since increasing tax rates would be too obvious. Our Manchurian Candidate would have plenty of sophisticated ideas on changing the rules to get more revenue without increasing rates, such as auctioning off “permits.”<br />
<br />
These steps would create near-term distress. If our Manchurian Candidate leader really wanted to knock the country down for good, he would have to provide insurance against any long-run recovery.<br />
<br />
There are two steps to accomplish that.<br />
<br />
Discourage Innovation<br />
<br />
First, one way the economy might finally take off is for some entrepreneur to invent an amazing new product that launches something on the scale of the dot-com boom. If you want to destroy an economy, you have to persuade those innovators not even to try.<br />
<br />
Second, you need to initiate entitlement programs that are difficult to change once enacted. These programs should transfer assets away from productive areas of the economy as efficiently as possible. Ideally, the government will have no choice but to increase taxes sharply in the future to pay for new entitlements.<br />
<br />
A leader who pulled off all that might be able to finish off the country.<br />
<br />
Let’s see how Obama’s plan compares with our nightmare scenario.<br />
<br />
Treasury Secretary Timothy Geithner has been so slow to act that even liberal economist and commentator Paul Krugman is criticizing the administration for “dithering.” It has gotten so bad that the Intrade prediction market now has a future on whether Geithner is gone by year’s end. It currently puts the chance of that at about 20 percent.<br />
<br />
No More Deferral<br />
<br />
On the tax hike, Obama’s proposed 2010 budget quite ominously signaled that he intends to end or significantly amend the U.S. practice of allowing U.S. multinationals to defer U.S. taxes on income that they earn abroad.<br />
<br />
Currently, the U.S. has the second-highest corporate tax on Earth. U.S. firms can compete in Europe by opening a subsidiary in a low-tax country and locating the profits there. Since the high U.S. tax applies only when the money is mailed home, and firms can let the money sit abroad for as long as they want, the big disadvantage of the high rate is muted significantly.<br />
<br />
End that deferral opportunity and U.S. firms will no longer be able to compete, given their huge tax disadvantage. With foreign tax rates so low now, it is even possible that the end of deferral could lead to the extinction of the U.S. corporation.<br />
<br />
If any firms are to remain, they will be festooned with massive carbon-permit expenses because of Obama’s new cap-and- trade program.<br />
<br />
Importing Drugs<br />
<br />
Obama’s attack on intellectual property is evident in his aggressive stance against U.S. pharmaceutical companies in the budget. He would force drug companies to pay higher “rebate” fees to Medicaid, and he included wording that suggests Americans will soon be able to import drugs from foreign countries. The stock prices of drug companies, predictably, tanked when his budget plan was released.<br />
<br />
Obama will allow cheap and potentially counterfeit substitutes into the country and will set the U.S. price for drugs equal to the lowest price that any foreign government is able to coerce from our drugmakers.<br />
<br />
Given this, why would anyone invest money in a risky new cancer trial, or bother inventing some other new thing that the government could expropriate as soon as it decides to?<br />
<br />
Finally, Obama has set aside $634 billion to establish a health-reform reserve fund, a major first step in creating a universal health-care system. If you want to have health care for everyone, you have to give it to many people for free. Once we start doing that, we will never stop, at least until the government runs out of money.<br />
<br />
It’s clear that President Obama wants the best for our country. That makes it all the more puzzling that he would legislate like a Manchurian Candidate.<br />
<br />
(Kevin Hassett, director of economic-policy studies at the American Enterprise Institute, is a Bloomberg News columnist. He was an adviser to Republican Senator John McCain of Arizona in the 2008 presidential election. The opinions expressed are his own.) Which candidate ... which tax plan???tag:gohaynesvilleshale.com,2008-11-02:2117179:Topic:1663322008-11-02T16:33:03.205Zsesporthttps://gohaynesvilleshale.com/profile/sesportperson
The Tax Policy Center's study has compared the two candidates' tax plans. This is some of the most concise, yet informative, information, I've seen so far. Keep in mind, however, that Congress must go along with any plan before it can be implemented.<br />
<br />
<a href="http://www.mcclatchydc.com/254/v-print/story/45247.html">http://www.mcclatchydc.com/254/v-print/story/45247.html</a>
The Tax Policy Center's study has compared the two candidates' tax plans. This is some of the most concise, yet informative, information, I've seen so far. Keep in mind, however, that Congress must go along with any plan before it can be implemented.<br />
<br />
<a href="http://www.mcclatchydc.com/254/v-print/story/45247.html">http://www.mcclatchydc.com/254/v-print/story/45247.html</a> What is, and how do you get a Severance Tax Exemption? Is this the same as LA Income tax?tag:gohaynesvilleshale.com,2008-08-31:2117179:Topic:1083222008-08-31T19:03:57.477ZVSC DeSoto Southhttps://gohaynesvilleshale.com/profile/ValerieS
What is, and how do you get a Severance Tax Exemption? Is this the same as LA Income tax?<br />
What other mineral or O&G tax emeptions are available and what do you have to do to get them?<br />
<br />
Be Safe!
What is, and how do you get a Severance Tax Exemption? Is this the same as LA Income tax?<br />
What other mineral or O&G tax emeptions are available and what do you have to do to get them?<br />
<br />
Be Safe! Question about state taxes for the out of state landownertag:gohaynesvilleshale.com,2008-08-21:2117179:Topic:915532008-08-21T04:20:10.043ZVSC DeSoto Southhttps://gohaynesvilleshale.com/profile/ValerieS
Will an out of state landowner owe Louisiana taxes on their lease bonus income? Will they also owe state tax in their home state?<br />
Which state gets the taxes, please do not say BOTH!!!!
Will an out of state landowner owe Louisiana taxes on their lease bonus income? Will they also owe state tax in their home state?<br />
Which state gets the taxes, please do not say BOTH!!!! Will the parishes increase the property values? Will property tax rates go up now?tag:gohaynesvilleshale.com,2008-08-15:2117179:Topic:825142008-08-15T17:50:32.043ZVSC DeSoto Southhttps://gohaynesvilleshale.com/profile/ValerieS
Will the parishes increase the property values? Will property tax rates go up now?
Will the parishes increase the property values? Will property tax rates go up now?