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Get the free Petroleum and Gas Revenue Tax Act - Laws.justice.gc.ca

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PETROLEUM PROFITS TAX ACT ARRANGEMENT OF SECTIONSSECTION PART I. PRELIMINARY 1. 2. Short title Interpretation part ii. administration3. 4. 5. 6. 7. Powers and duties of the Board Signification and
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Petroleum and gas revenue is the income generated from the sale of oil and natural gas.
Companies involved in the extraction, production, and sale of petroleum and gas are required to file petroleum and gas revenue.
Petroleum and gas revenue can be filled out by providing detailed information on the income generated from the sale of oil and natural gas.
The purpose of petroleum and gas revenue is to report and track the income generated from the extraction and sale of oil and natural gas.
Information such as total revenue, expenses, royalties, taxes, and production volume must be reported on petroleum and gas revenue.
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