Countries are rethinking current tax structures and are following the example of those who have already made adjustments, EY said in its latest global oil and gas tax guide report.
"Governments of oil and gas producing countries have had to reassess their tax structures and revise them accordingly to stay competitive. Many countries made immediate changes following the oil price crash while others delayed," EY global oil & gas tax leader Alexey Kondrashov said.
"Now,
