Recognized as a leading provider of sophisticated thinking to the middle market in the oilfield services, upstream, midstream, and downstream areas, our National Energy Practice professionals collaborate regularly on behalf of our clients with UHY International member firms in the world’s other energy centers in Aberdeen, London, Rio de Janeiro, and Dubai on behalf of our clients in key energy markets.
The firm also provides specialty tax and audit services to key industry segments including:
We are acutely aware of the dynamic nature of a commodities-based industry which is heavily regulated and often international in scope, and as such, have created a team of professionals who can help companies address these complexities in an efficient manner, using our years of cumulative experience in our each of our disciplines.
To enhance clients' knowledge of evolving market issues, we have created a series of short videos on the challenges often faced by middle market companies when considering foreign operations, including insights from clients who have ventured offshore, our own professionals, and outside professionals in insurance and law.
A recent article written by Scott Miller, Partner and Leader of the National Petroleum Practice, “What the New Section 199(A) Proposed Regulations May Mean For You,” was featured in the winter 2019 edition of MPA Marketer Magazine. To view the full article, click here.
European companies face taxes as a percentage of the price of fuel on average 18% higher than the world average, putting them at a serious disadvantage and potentially risking economic growth, shows a new study by UHY, the international accounting and consultancy network.
Michigan's new Motor Fuel tax processing system, "Michigan Automated Tax System" (MiMATS) will begin July 30, 2018. With the implementation of the new system, paper returns will no longer be accepted. The last date to file in the current system will be July 20, 2018.
The US Senate approved legislation, which the House already passed, to extend for one year more than 50 tax provisions that had expired at the end of 2013. The pending retroactive enactment of this legislation will impact the 2014 taxes for many individuals and businesses.
The USA enjoys some of the lowest gasoline pump prices among the major world economies, according to a new study by UHY, the international accountancy network. UHY explains that the USA has an extremely low tax rate on fuel, levying just 13% on gasoline and 12% on diesel, considerably less than many other major developed economies, in particular European countries.
The complications and limitations of a national energy policy were aptly illustrated with the recently released Advancing Technology for America's Transportation Future report from the National Petroleum Council, representing two years of work by 300 industry and government participants.
Please join us for this quick hitting lunch hour geared towards petroleum and c-store business owners, chief executives and chief financial officers. Tune in as our experts address current trends in M&A activity affecting the industry and you. Webinar will conclude with an open discussion.