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OIL & GAS TAXATION. Rate of tax - Fifth Schedule vs First Schedule Concept of Concession Amount of Tax - Payment to Government Concept Profit Sharing Agreement vs Concession Agreement Allowability of Expense: - Pakistan - Concession - Field - Well.
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OIL & GAS TAXATION • Rate of tax - Fifth Schedule vs First Schedule • Concept of Concession • Amount of Tax - Payment to Government Concept • Profit Sharing Agreement vs Concession Agreement • Allowability of Expense: - Pakistan - Concession - Field - Well