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Talisman Corporate Guidance Assumptions(1) Other Information (5), (8) Income Taxes (9) (C$ millions) FY 2006 ---------------- Current Income Tax 1,190 - 1,320 Future Income Tax (Recovery) 280 - 305 Petroleum Revenue Tax (Current) 270 - 310 Petroleum Revenue Tax (Deferred) 30 - 50 --------------------------------------------------------------------- Effective Income Tax Rate (After Deducting Petroleum Revenue Tax) 42% - 48% DD&A and ARO (C$/boe): 12. In addition, under the current United Kingdom tax regime, Apache would benefit from a Petroleum Revenue Tax (PRT) deduction for the Forties field abandonment costs. The Inland Revenue is responsible, under the overall direction of Treasury Ministers, for the efficient administration of income tax, tax credits, corporation tax, capital gains tax, petroleum revenue tax, inheritance tax, national insurance contributions and stamp duties in the United Kingdom. |
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