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Deloitte study: Increasing differences in royalties and similar taxes applied to the oil sector in Romania vs the European average

Deloitte has updated, at the request of Oil and Gas Employers’ Federation, the comparative study of royalties and similar taxes applied in Europe to upstream activities (crude oil and natural gas exploration and production) to include legislative and market developments during 2014. Similar to the first edition of the study, which compiled figures for 2013, Deloitte calculated the effective level of royalties and similar taxes based on publicly available data, ...

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