DEEP OFFSHORE AND INLAND BASIN PRODUCTION SHARING CONTRACTS ACT
Section 12: Chargeable tax on petroleum operations
1993Section 12 of 18•Federal Republic of Nigeria
The chargeable tax on petroleum operations in the contract area under the production sharing contracts shall be split between the Corporation or the holder and the contractor in the same ratio as the split of profit oil as defined in the production sharing contract between them.
Cite this section
Section 12, DEEP OFFSHORE AND INLAND BASIN PRODUCTION SHARING CONTRACTS ACT (1993).
https://repo.podus.ai/laws/deep-offshore-and-inland-basin-production-sharing-contracts-act/section/12/