U.S. Tax Benefits
With this type of investment (oil investment), you are entitled to a write-off of up to 80 percent of IDCs (intangible drilling costs) against ordinary income in the first year.
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Tax-Advantaged Investment Opportunity In Oil & Gas
U.S. TAX BENEFITS: Tax Advantaged Investment Up to 90%
Utilize a unique investment model offering a reliable profit potential on investment capital
- Investors in oil and gas projects are entitled to a write-off of up to 80 percent of IDCs (intangible drilling costs) against ordinary income in the first year.
- Investors in oil and gas projects can benefit from a depletion allowance of 15 percent of gross income from the project.
Tax Benefits with Oil & Gas Investing
With this type of investment, you are entitled to a write-off of up to 80 percent of IDCs (intangible drilling costs) against ordinary income in the first year. Tangible drilling costs can be depreciated over 5 to 7 years. Investors in oil and gas projects can benefit from a depletion allowance of 15 percent of gross income from the project. The depletion allowance is provided for reduction of reserves as oil and gas are produced. Once debt is in place, investors receive passive losses that can offset passive gains.*
*Please read the PPM in its entirety including risk factors. Consult your tax advisors.
