TAX BENEFITS OVERVIEW

Everest Energy’s Investment strategy offers significant tax benefits (up to 100% tax deductible) to accredited investors. 

  • The United States government incentivizes accredited investors to invest in local oil and gas development by offering tax deductible investments
  • These deductions are commonly used by investors to offset their personal income and/or capital gains from other ventures
  • We utilize the IDC and TDC tax credits to provide investors an investment opportunity that makes your investment up to 100% tax deductible.
  • Up to 80% of the investment amount is tax deductible the year of the investment
  • The remaining amount of the investment is amortized over a 5-7 year period
  • IRS Code Section 263C
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