Modeling the Impact of Taxes on Petroleum Exploration and Development PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Modeling the Impact of Taxes on Petroleum Exploration and Development PDF full book. Access full book title Modeling the Impact of Taxes on Petroleum Exploration and Development by Mr.James L. Smith. Download full books in PDF and EPUB format.
Author: Mr.James L. Smith
Publisher: International Monetary Fund
ISBN: 1475525923
Category : Business & Economics
Languages : en
Pages : 46
Get Book
Book Description
We present a simple model of petroleum exploration and development that can be applied to study the performance of alternative tax systems and identify potential distortions. Although the model is a highly simplified, it incorporates many factors and some of the key tradeoffs that would influence an investor’s investment behavior. The model recognizes the role of enhanced oil recovery and treats the impact of taxation on exploration and development in an integrated manner consistent with an investor’s joint optimization of investments at both stages of the process. The model is simple and user-friendly, which facilitates application to a broad range of problems.
Author: Mr.James L. Smith
Publisher: International Monetary Fund
ISBN: 1475525923
Category : Business & Economics
Languages : en
Pages : 46
Get Book
Book Description
We present a simple model of petroleum exploration and development that can be applied to study the performance of alternative tax systems and identify potential distortions. Although the model is a highly simplified, it incorporates many factors and some of the key tradeoffs that would influence an investor’s investment behavior. The model recognizes the role of enhanced oil recovery and treats the impact of taxation on exploration and development in an integrated manner consistent with an investor’s joint optimization of investments at both stages of the process. The model is simple and user-friendly, which facilitates application to a broad range of problems.
Author: Mr.James L. Smith
Publisher: INTERNATIONAL MONETARY FUND
ISBN: 9781557754455
Category : Business & Economics
Languages : en
Pages : 0
Get Book
Book Description
We present a simple model of petroleum exploration and development that can be applied to study the performance of alternative tax systems and identify potential distortions. Although the model is a highly simplified, it incorporates many factors and some of the key tradeoffs that would influence an investor’s investment behavior. The model recognizes the role of enhanced oil recovery and treats the impact of taxation on exploration and development in an integrated manner consistent with an investor’s joint optimization of investments at both stages of the process. The model is simple and user-friendly, which facilitates application to a broad range of problems.
Author: Mr.James L. Smith
Publisher: International Monetary Fund
ISBN: 1475592477
Category : Business & Economics
Languages : en
Pages : 26
Get Book
Book Description
This paper provides a conceptual overview of economists’ attempts to learn about the effects of taxes on extractive resources. The emphasis is on research methods and techniques, with no attempt to provide a comprehensive tabulation of previous empirical results or policy conclusions regarding preferred tax instruments or systems. We argue, in fact, that the nature of such conclusions largely depends on the researcher’s choice of modeling framework. Many alternative frameworks and approaches have been developed in the literature. Our goal is to describe the differences among them and to note their strengths and limitations.
Author: Ms.Oana Luca
Publisher: International Monetary Fund
ISBN: 149838630X
Category : Business & Economics
Languages : en
Pages : 52
Get Book
Book Description
This manual introduces key concepts and methodology used by the Fiscal Affairs Department (FAD) in its fiscal analysis of resource industries (FARI) framework. Proper evaluation of fiscal regimes for extractive industries (EI) requires economic and financial analysis at the project level, and FARI is an analytical tool that allows such fiscal regime design and evaluation. The FARI framework has been primarily used in FAD’s advisory work on fiscal regime design: it supports calibration of fiscal parameters, sensitivity analysis, and international comparisons. In parallel to that, FARI has also evolved into a revenue forecasting tool, allowing IMF economists and government officials to estimate the composition and timing of expected revenue streams from the EI sector, analyze revenue management issues (including quantification of fiscal rules), and better integrate the EI sector in the country macroeconomic frameworks. Looking forward, the model presents a useful tool for revenue administration practitioners, allowing them to compare actual, realized revenues with model results in tax gap analysis.
Author: United States. Congress. Senate. Committee on Energy and Natural Resources
Publisher:
ISBN:
Category : Gas industry
Languages : en
Pages : 364
Get Book
Book Description
Author: Alexander G. Kemp
Publisher:
ISBN:
Category : Offshore oil industry
Languages : en
Pages : 144
Get Book
Book Description
Author: Lewis G. Mosburg, Jr.
Publisher:
ISBN: 9780910649506
Category :
Languages : en
Pages : 30
Get Book
Book Description
This book brings petroleum explorationists up to date on the tax laws affecting the oil and gas industry. Some of the topics discussed include: the impact of the new tax rates, the treatment of expenditures and revenues, the alternative minimum tax, and the impact of tax reform on the availability of driling capital.
Author: United States. Department of the Treasury
Publisher:
ISBN:
Category : Taxation
Languages : en
Pages : 398
Get Book
Book Description
Author:
Publisher:
ISBN:
Category : Fossil fuels
Languages : en
Pages : 944
Get Book
Book Description
Author:
Publisher:
ISBN:
Category : Power resources
Languages : en
Pages : 700
Get Book
Book Description
