Oil and Gas Tax: Fracking Developments and Incentives State Law Survey

Summary

This state-specific survey addresses the particular taxes that are imposed on oil and gas production activities, primarily addressing the tax treatment of hydraulic fracturing activities, or fracking. The survey notes the industry-specific taxes that are imposed, examines new developments, and explores any incentives and credits enacted by the states, that can impact the tax revenue resulting from the use of hydraulic fracturing by oil and gas producers in the states that have that capability.