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Posts tagged "tax incentives"

Tax Breaks for Major Oil and Gas Companies

With oil and gas companies spending billions of dollars on hydraulic fracturing the country's shale formations, they are discovering the advantages of deferring their taxes year after year. Within the U.S. tax code are incentives that provide for drilling investors a way to put off paying taxes, as long they continue to invest, allowing for a massive safety net while they keep drilling.

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