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International consulting firm Mackenzie recently released a report that the comprehensive tax reform approved by Congress approved by Trump in December may mean adding nearly $200 billion
in assets to U.
S.
gas and oil producers.
Lower corporate tax rates, lower partnership pass-through rates and accelerated declines in the cost of capital would increase after-tax by 19 percent, or $190.
4 billion, for explorers with profitable assets, Wood Mackenzie said.
WoodMac said in a statement: "While we may not see a significant increase in more multilateral assets, increased profitability of valuable onshore and offshore energy assets will likely drive more international capital flows to the United States
.
" ”
In the long run, this will help solve the serious tax problems
that U.
S.
companies faced under the old regime for returning funds from foreign exchange.
International consulting firm Mackenzie recently released a report that the comprehensive tax reform approved by Congress approved by Trump in December may mean adding nearly $200 billion
in assets to U.
S.
gas and oil producers.
Lower corporate tax rates, lower partnership pass-through rates and accelerated declines in the cost of capital would increase after-tax by 19 percent, or $190.
4 billion, for explorers with profitable assets, Wood Mackenzie said.
WoodMac said in a statement: "While we may not see a significant increase in more multilateral assets, increased profitability of valuable onshore and offshore energy assets will likely drive more international capital flows to the United States
.
" ”
In the long run, this will help solve the serious tax problems
that U.
S.
companies faced under the old regime for returning funds from foreign exchange.
