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Ministry of Finance Information Letter ISSUED: January 2017REVISED: March 2017Information Letter 201702 gov.bc.ca/oilandnaturalgastaxesChanges to Monthly Oil Sales Statement (BC09) Electronic Submissions:

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What is caoilandnaturalgastaxes?

Caoil and natural gas taxes are specific taxes imposed on the extraction and production of oil and natural gas.

Who is required to file caoilandnaturalgastaxes?

Companies and individuals involved in the extraction and production of oil and natural gas are required to file caoil and natural gas taxes.

How to fill out caoilandnaturalgastaxes?

Caoil and natural gas taxes can be filled out by using the designated tax forms provided by the tax authorities.

What is the purpose of caoilandnaturalgastaxes?

The purpose of caoil and natural gas taxes is to generate revenue for the government from the extraction and production of oil and natural gas.

What information must be reported on caoilandnaturalgastaxes?

Information such as the amount of oil and natural gas extracted, production costs, and any applicable tax credits must be reported on caoil and natural gas taxes.

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