There should be an investigation into ExxonMobil’s use of tax certificates issued under Guyana’s 2016 PSA
The U.S. Foreign Tax Credit (FTC) is designed to prevent double taxation by allowing individuals and corporations to offset taxes paid to foreign governments against their U.S. tax obligations. However, there is compelling evidence that ExxonMobil and its affiliates obtain tax certificates issued by the Guyana Revenue Authority (GRA) without actually paying taxes in Guyana….
Subsidy? What subsidy?
The myth of an electricity subsidy in T&T and the forces behind it THE Energy Chamber of Trinidad and Tobago, which over the past few years has led an aggressive campaign to remove the ‘electricity subsidy’ for consumers in T& T, is governed by a 15-member board of directors of which seven are from the…
The art of political survival differs only in personalities, locations and the prices to be paid
The recent news of a prominent political personality seeking refuge in the embrace of his former adversary has not just left many shaking their heads in disbelief, but has also sparked profound questions about motives and morality, decency and dignity, principles and pragmatism. The public’s shock at this turn of events is palpable, and rightly…
The Natural Resource Fund Debate: Getting the Law Wrong
Every Man, Woman and Child in Guyana Must Become Oil-Minded – Column 152 The exchange over Guyana’s Natural Resource Fund (NRF) involving Dr. Terrence Campbell, VP Bharrat Jagdeo and Dr. Ashni Singh has revealed troubling misunderstandings of our fiscal legal framework, not least from those who ought to know better. What began as a straightforward…
My seniority at the US Department of the Energy (USDOE)
There seems to be no end to the deviousness of Bharrat Jagdeo, a man who disgracefully delights in living in his world riddled with sleaze, sinking so low as to be engaging in maliciously defiling the credentials of those who are much intellectually grander than him, and who take him to task for his gross…
A sustainable budget for Guyana will inevitably be tied to the NRF and domestic taxes barring renegotiation
There are many unanswered nuanced questions surrounding the Petroleum Sharing Agreement, PSA2016, and Guy-ana’s budgetary matters omitted in the article SN 2025-01-13, regarding the long-term welfare of the nation. The contract templates were carried into the new 2016 contract as if the two major parties were in agreement on the new 2016 contract. The 1999…
