Cross Field Allowance (Oil and Gas) Law and Legal Definition
Cross Field Allowance (CFA) is an element (up to 10%) of immediate relief for qualifying field development costs where a participator on a new taxable development has, or expects to have. PRT profits in another taxable field. Petroleum Revenue Tax (PRT) applies to oil production and associated profits of licensees.
Legal Definition list
Related Legal Terms
- 21st Century Nanotechnology Research and Development Act of 2003
- 3-A Sanitary Standards and Accepted Practice
- 3-Way Incandescent Lamp
- 480th Intelligence, Surveillance and Reconnaissance Wing
- 70th Intelligence, Surveillance and Reconnaissance Wing
- Abandon
- Abandon [Shipping]
- Abandoned Infant
- Abandoned Mark
- Abandoned Mined Lands
