Previous editions were held in high regard for their extensive coverage of tax issues affecting the natural resources industry. It made sense for KPMG and PDI to team up to issue an updated edition.
Denton, TX (PRWEB) May 29, 2014
The Professional Development Institute (PDI) announces a May 30 release date for the 2014 Edition of Income Taxation of Natural Resources, an essential reference for all tax professionals and practitioners in oil and gas, mining, timber and alternative energy industries. This new edition was produced in conjunction with leading international professional services firm KPMG LLP. Robert A. Swiech, Atty., CPA, with KPMG Washington National Tax, served as Editor-In-Chief.
“Previous editions of Income Taxation of Natural Resources were held in high regard in the industry for their extensive coverage of tax issues affecting the natural resources industries. It made sense for KPMG and PDI, a leading provider of education for tax and accounting professionals in energy, to team up to issue an updated edition,” says Ken Robertson, president of PDI.
The 2014 Edition covers vital tax and reporting practices and procedures; considers various changes and updates relative to the IRS; and deals with many recent developments affecting tax professionals, including:
- Developments regarding conveyances, joint operations, and complex partnership issues
- Guidance related to exploration and development costs, royalties, depreciation, depletion, gross income, taxable income and tax credits
- The latest developments on natural resources issues
More than 1,000 pages, 24 chapters, many germane appendices, enhanced graphics and a comprehensive index comprise this latest edition.
Key Topics include:
- Kinds of property interests
- The property unit
- Joint operations and partnerships
- Oil and gas
- Foreign operations
- Alternative energy
About The Professional Development Institute
The Professional Development Institute (PDI) at the University of North Texas is a 501(c)(3), not-for-profit education corporation that provides versatile, innovative, yet cost-effective training services to professionals worldwide. PDI is recognized as the world’s leading –provider of oil and gas accounting education as well as training programs for virtually all professional services areas. Hundreds of companies and more than a half-million people have teamed up with PDI for training solutions over the past 35 years.