Key Issues in Natural Resource Taxation and Revenue Management in the Commonwealth

Key Issues in Natural Resource Taxation and Revenue Management in the Commonwealth PDF Author: Daniel Wilde
Publisher: Commonwealth Secretariat
ISBN: 1849291608
Category : Business & Economics
Languages : en
Pages : 49

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Book Description
Public policies in taxation and revenue management are key to ensuring natural resource wealth results in economic development. Tax policy and systems should ensure that whenever natural resources are extracted, the host state receives a fair share of revenue. Revenue management policies are required to ensure that government revenues from natural resources are wisely used to finance sustainable economic development. This Economic Paper analyses key issues in natural resource taxation and revenue management and recommends policies that can improve countries’ economic performance. The discussion draws on economic theory, empirical evidence and the work of the Commonwealth Secretariat.

Key Issues in Natural Resource Taxation and Revenue Management in the Commonwealth

Key Issues in Natural Resource Taxation and Revenue Management in the Commonwealth PDF Author: Daniel Wilde
Publisher: Commonwealth Secretariat
ISBN: 1849291608
Category : Business & Economics
Languages : en
Pages : 49

Get Book Here

Book Description
Public policies in taxation and revenue management are key to ensuring natural resource wealth results in economic development. Tax policy and systems should ensure that whenever natural resources are extracted, the host state receives a fair share of revenue. Revenue management policies are required to ensure that government revenues from natural resources are wisely used to finance sustainable economic development. This Economic Paper analyses key issues in natural resource taxation and revenue management and recommends policies that can improve countries’ economic performance. The discussion draws on economic theory, empirical evidence and the work of the Commonwealth Secretariat.

Oil to Cash

Oil to Cash PDF Author: Todd Moss
Publisher: CGD Books
ISBN: 1933286695
Category : Business & Economics
Languages : en
Pages : 190

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Book Description
Oil to Cash explores one option to help countries with new oil revenue avoid the so-called resource curse: just give the money directly to citizens. A universal, transparent, and regular cash transfer would not only provide a concrete benefit to regular people, but would also create powerful incentives for citizens to hold their government accountable. Oil to Cash details how and where this idea could work and how policymakers can learn from the experiences with cash transfers in places like Mexico, Mongolia, and Alaska.

Rents to Riches?

Rents to Riches? PDF Author: Naazneen Barma
Publisher: World Bank Publications
ISBN: 0821387162
Category : Business & Economics
Languages : en
Pages : 303

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Book Description
This volume focuses on the political economy surrounding the detailed decisions that governments make at each step of the value chain for natural resource management. From the perspective of public interest or good governance, many resource-dependent developing countries pursue apparently short-sighted and sub-optimal policies in relation to the extraction and capture of resource rents, and to spending and savings from their resource endowments. This work contextualizes these micro-level choices and outcomes.

Natural Resource Revenues

Natural Resource Revenues PDF Author: Anthony Scott
Publisher:
ISBN: 9787748006150
Category : Federal government
Languages : en
Pages : 0

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Book Description


Resource Blessing, Revenue Curse? Domestic Revenue Effort in Resource-Rich Countries

Resource Blessing, Revenue Curse? Domestic Revenue Effort in Resource-Rich Countries PDF Author: Ernesto Crivelli
Publisher: International Monetary Fund
ISBN: 1484351487
Category : Business & Economics
Languages : en
Pages : 29

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Book Description
This paper uses a newly constructed revenue dataset of 35 resource-rich countries for the period 1992-2009 to analyze the impact of expanding resource revenues on different types of domestic (non resource) tax revenues. Overall, we find a statistically significant negative relationship between resource revenues and total domestic (non resource) revenues, including for the major tax components. For each additional percentage point of GDP in resource revenues, there is a reduction in domestic (non resource) revenues of about 0.3 percentage points of GDP. We find this primarily occurs through reduced effort on taxes on goods and services—in particular, the VAT— followed by a smaller negative impact on corporate income and trade taxes.

Resources as Revenue

Resources as Revenue PDF Author: United States. Congress. Senate. Committee on Energy and Natural Resources
Publisher:
ISBN:
Category : Natural resources
Languages : en
Pages : 60

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Book Description


Natural Resource Revenues

Natural Resource Revenues PDF Author: Anthony Scott
Publisher: UBC Press
ISBN: 0774800615
Category : Electronic books
Languages : en
Pages : 281

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Book Description
Debate on the question of who should receive the surplus revenuegenerated by natural-resource exploitation -- Ottawa or the provinces-- is usually carried on in terms of history, politics custom, law,social values, and environmental considerations. This collection ofessays presents analyses of the question from the economist's pointof view.

Investing Natural Resource Revenues

Investing Natural Resource Revenues PDF Author: Leah R. Brumer
Publisher:
ISBN: 9780783721606
Category : Mines and mineral resources
Languages : en
Pages : 46

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Book Description


Study of Natural Resource Revenues

Study of Natural Resource Revenues PDF Author: United States. Congress. Senate. Committee on Rules and Administration
Publisher:
ISBN:
Category : Natural resources
Languages : en
Pages : 2

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Book Description


Direct Distribution of Resource Revenues

Direct Distribution of Resource Revenues PDF Author: Mr.Sanjeev Gupta
Publisher: International Monetary Fund
ISBN: 149832617X
Category : Nature
Languages : en
Pages : 26

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Book Description
Some scholars have argued that direct distribution of natural resource revenues to the population would help resource-rich countries escape the “resource curse.” This discussion note analyzes whether this proposal is a viable policy alternative for resource-rich countries. The first priority for policymakers is to establish fiscal policy objectives to support macroeconomic stability and development objectives. In this regard, the establishment of an adequate fiscal framework that informs decisions on how much to save and invest, or how to smooth out revenue volatility, and deal with exhaustibility issues should precede any discussion of direct distribution of resource wealth to the population.