Sub-Contractors and Foreign. National Employees shall be exempt from paying income tax during the period of exploration and development but shall be liable to pay income tax in accordance with the Income Tax Act in force during the period of production of petroleum.
Appears in 3 contracts
Samples: Petroleum Licence Agreement, Petroleum License, Petroleum License
Sub-Contractors and Foreign. National Employees shall be exempt from paying income tax during the period of exploration and development but shall be liable to pay income tax in accordance with the Income Tax Act in force during the period of production of petroleum.pay
Appears in 1 contract
Samples: Petroleum Licence Agreement
