Notice of the Ministry of Finance and the State Administration of Taxation on Tax Treatment of Expenses and Depreciation, Amortization, and Depletion of Related Fixed Assets for Enterprises Exploiting Oil (Gas) Resources

This document addresses tax treatment rules for expenses and the depreciation, amortization, and depletion of fixed assets for enterprises engaged in oil and gas resource extraction. It provides guidance on deductible costs and asset accounting for tax purposes.