Legal Updates

On 20 March 2017 HM Treasury published a formal discussion paper on the case for allowing transfers of tax history between buyers and sellers of late-life assets in the UK offshore oil and gas industry in an effort to maximise tax relief for decommissioning expenses. Submissions on the points discussed need to be submitted by 30 June 2017 and the outcome of the review is expected at Autumn Budget 2017. The Government is also expected to establish a new advisory panel of industry experts to ensure appropriate scrutiny of the options.

The PDF server is offline. Please try after sometime.

Key Contacts

We bring together lawyers of the highest calibre with the technical knowledge, industry experience and regional know-how to provide the incisive advice our clients need.

Keep up to date

Sign up to receive the latest legal developments, insights and news from Ashurst.  By signing up, you agree to receive commercial messages from us.  You may unsubscribe at any time.

Sign up

The information provided is not intended to be a comprehensive review of all developments in the law and practice, or to cover all aspects of those referred to.
Readers should take legal advice before applying it to specific issues or transactions.

Get Started

        Forgot Password - Ashurst Account

        If you have forgotten your password, you can request a new one here.


        Forgot password? Please contact your relationship manager to find out more about our client portal.
        Ashurst Loader