Enersight offers the capability to add taxes based on the asset start date or the production date.
We have 2 wells, one has history with production starting in June 2013 and the other without history producing in August 2016.
Both have an Asset Start date of Jan 2015.
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The Tax Offset month is set at 36 months, which means the applicable tax rate starts after 36 months.
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For a well that has an Asset Start of Jan 2015, but produces in Aug 2016, the tax rate will change based on the production start date (36 months after production start date).
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For a well that has production prior to the asset start date of Jan 2015, it will use the Asset start date for the tax rate to change (36 months after Asset start date).
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