Buzescu Ca: Tax

We advise on taxation of gas exploration and production operations, tax issues regarding concession, participation, and joint operating agreements, corporate restructuring, operations of airline companies, reimbursement of VAT, customs; we represent clients in disputes with the tax authorities. In 1992, we obtained the first Opinion Letters from the Ministry of Finance on tax issues in relation to petroleum exploration and production contracts signed by foreign investors. We advised accounting firms on various legal issues.

Amoco Corporation re tax issues in relation to petroleum exploration and production contracts;

ARCO re tax issues in relation to petroleum exploration and production contracts;

Price Waterhouse and Deloitte & Touche re start up operations in Romania;

Amromco Energy on tax issues regarding gas exploration operations;

Forest Oil on tax issues regarding a Concession Agreement, Participation Agreement, and Joint Operating Agreement, VAT recovery;

Estee Lauder International, and 3M Corporation re tax issues in relation to restructuring of Romanian operations;

Wizz Hungary with regard to tax issues with regard to airline operations;

Prolemn SA, a subsidiary of Kastamonu Entegre, Turkey with regard to reimbursement of VAT, customs issues;

Worldspan Romania re VAT recovery, successful resolution of tax disputes.