Not exact matches
«Preferential tax treatment
of small
companies is too blunt an instrument to foster entrepreneurial
activity efficiently,» the IMF says in its latest
Fiscal Monitor.
The commission is also empowered to advise the Minister on
fiscal and other issues pertaining to the petroleum industry, establish framework for the validation and certification
of national hydrocarbon reserves, undertake evaluation
of national reserves and reservoir management studies as well as conduct regular audits
of the
activities of operators engaged in petroleum operations and oil service
companies in order to ensure compliance with Nigerian laws and requirements for petroleum operations.
A combination
of the new
fiscal regime and GNPC's promotional
activities yielded results, as a number
of oil exploration
companies invested in Ghana, which led to the discovery in 2007
of the Jubilee Fields, followed by a quick succession
of other discoveries, including the TEN fields.»
Benefiting from increased drilling
activity in the face
of record oil prices, the
company has seen its earnings from continuing operations gush from $ 0.04 per share in 2004 to $ 4.35 for
fiscal - year 2007.
Vetal will deliver executive
fiscal leadership and vision for both
companies, leading their financial and accounting
activities around development
of relevant business information, accurate accounting systems and financial plans.
The holiday season and end -
of - year accounting period for
companies on a traditional
fiscal year schedule gave property developers and owners a good excuse for holding back a little longer, but by all accounts January was shaping up to see a lot
of new
activity.