Our expertise is in Severance Taxes, but our affiliates/partners have decades of experience in State and Local Sales Taxes. A Sales Tax review goes hand-in-hand with our Marketing Cost reviews, and typically requires little to no additional time or effort from our clients. In fact, our affiliates/partners can use the same data for Sales Tax reviews as we use for our Marketing Cost reviews, and our Marketing Cost field visits provide an important insight into your field operations that allow our affiliates/partners to deliver superior Sales Tax results as well.
There are many Sales Tax benefits available to Exploration & Production companies, but often times reliance is placed on vendors to charge and remit the appropriate amount of Sales Tax. Our affiliates/partners work with our clients’ vendors, suppliers, and taxing authorities to ensure that every possible Sales Tax exemption is captured.