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English to Spanish translations [PRO] Law: Taxation & Customs
English term or phrase:upstream tax
Upstream tax and downstream tax
"Such an overhaul would focus primarily on rationalizing the multipicity of taxes while expanding the tax payers´ basis, rebalancing upstream and downstream taxes and bringing into the open the hidden costs and informal payments that companies must currently pay to obtain permits and stay in business."
Explanation: Impuestos antes del punto elegido como referencia, p.ej. en la ind. petrolera es la perforación del pozo.
Library of Congress / Federal Research Division / Country Studies ...
... Downstream includes any stage between the point of reference and ... Upstream (qv) is
the converse ... shown at market prices, meaning that indirect taxes and subsidies ...
The oil industry views the production, processing, transportation, and sale of petroleum products as a flow process starting at the wellhead. Downstream includes any stage between the point of reference and the sale of products to the consumer. Upstream (q.v.) is the converse.
The converse of downstream (q.v.), it includes the exploration and drilling of wells in the petroleum production process.
[PDF] ALGERIA ALGERIA
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... Page 12. …..UPSTREAM FISCAL PACKAGE …..UPSTREAM FISCAL PACKAGE EXEMPTION FROM
ALL OTHER TAXES OR IMPOSITIONS ... Page 13. DOWNSTREAM.. DOWNSTREAM.. ... www.pi.energy.gov/pdf/usalgeriansummit/ presLawUSA_LNG3.pdf
Sergio Aguirre Mexico Local time: 13:44 Native speaker of: Spanish PRO pts in category: 8