- Energy Tax Facts
- 10 Dec 13
Big Sky Business Journal: IPAA’s Barry Russell Helps Explain Intangible Drilling Costs
Dave Galt, Executive Director for the Montana Petroleum Association, explains, “These aren’t ‘subsidies’. IDCs are part of a century-old accounting standard that encourages investment to provide foundation capital that makes production possible for small, independent companies especially.” This year marks the 100th birthday of a tax treatment that allows companies to attract capital and recoup […]