Offshore Revenues

Block Type

Flashcard

Flashcard Definition

Refers to all offshore oil and gas activity and comes from three sources of revenue: petroleum tax, corporation tax, and licence fees.

A Guide to GERS (2020) | FAI

The aim of the Government Expenditure and Revenue Scotland (GERS) report is to enhance public understanding of fiscal issues in Scotland. It is published every year by the Scottish Government with the upcoming report scheduled for publication on 26 August.

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