Publications: Notes at the Margin

Preparing for a Border Tax (December 19, 2016)

 

This publication was the first to understand the implications of the border tax adjustment proposed by House Republicans, a tax that now could become law. If it does, the change will impose billions if not tens of billions of losses on the oil industry. Most of those in it will be blindsided by this. Consulting firms such as PIRA, Energy Aspects, and IHS Markit (CERA) did not see the border tax coming. News organizations such as Argus Media, Platts, EIG, Financial Times, and The Wall Street Journal missed it as well. Now as the tax comes hurtling toward us, everyone is scrambling to understand it.

 

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