Eyes on the US Offshore Industry

Journal
Klaver, E.
United States
Bulletin for International Taxation 2010 (Volume 64), No. 7
PriceUSD 45

This article summarizes the jurisdictional basis for US taxation of the offshore industry on the Outer Continental Shelf in the Gulf of Mexico, examines the categories of foreign taxpayers operating there, analyses the characterization and source of income derived and applicable treaty considerations, and concludes with some practical comments.