Corporate Tax Series

Property and Conveyances Of Oil And Gas Properties

This course provides an overview of property and conveyances of oil and gas properties. This includes a discussion of the general rules for determining what constitutes oil and gas property as well as the use of sharing arrangements. This course also addresses the tax consequences of conveying leases, structuring a lease conveyance as a sale, and like-kind exchanges.

Learning Objectives:

  • Identify the rules for determining what constitutes an O&G property.
  • Recognize unique situations and determine how to properly apply the property rules.
  • Identify key characteristics of structuring a lease conveyance as a sale.


Prerequisites/Advanced Preparation:

None


Speaker / Author:

Dr. Inibehe (Ini) Adesanya is the President of AA CPA, PLLC and also owns Global Tax Lady LLC. Dr. Adesanya has worked in various countries with conglomerates and multinationals, including banks and the entertainment industry. She also worked in public accounting before starting her practice.

With 20 years of combined experience in accounting, business, and taxation, Dr. Adesanya's expertise covers complex domestic and international tax issues for both individuals and businesses. She places great importance on compliance as she works with clients to minimize their tax liability. She also works with international clients, including expatriates, to navigate tax treaty issues and other related tax issues to minimize their tax liability. Ini works with clients as a subject matter expert (SME) on tax cases and tax issues where she justifies her clients' tax position based on tax law, treasury regulations, revenue procedures, and other related regulatory publications.

Dr. Adesanya has developed and taught courses on business taxation, for which she has received awards. She has also written and presented papers at various forums, organizations, and radio stations focusing on business, accounting, and US and international tax issues.

Ini is a Chartered Accountant (ACA), a Chartered Tax Practitioner (ACIT), and a Certified Public Accountant (CPA) licensed in the states of Colorado and Texas. She is also a Certified Global Management Accountant (CGMA). She holds a B.S. in Human Anatomy and a Professional Degree in Accounting from Nigeria, as well as a Master of Science in Taxation from Golden Gate University San Francisco CA. She received her Ph.D. in Business Administration with a concentration in accounting and finance at Trident at American Intercontinental University, Chandler AZ; her dissertation focus was in taxation.

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Price (USD)

Standard: $24.95

Details

Course Code : 99ADE02

Release Date : 08/04/2021
Expire Date : 08/31/2022
Credits :
CPE 1.00
QAS 1.00

Course Level : Basic
Length : 50min
Course Type : QAS Self-Study

Passing Grade : 70%
Format Type : eLearning
Mobile Compatible
Field Of Study : Taxes
Theme : Corporate Tax Series

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