Author: Mrs.Poonam Gupta
Publisher: International Monetary Fund
ISBN: 1451979754
Category : Business & Economics
Languages : en
Pages : 58
Book Description
The domestic taxation of petroleum products is an important source of revenue in most countries. However, there is a wide variation of tax rates on petroleum products across countries, which cannot be explained by economic theory alone. This paper surveys different considerations advanced for taxing petroleum and presents petroleum tax rate data in 120 countries. It concludes that a significant reduction in the present extremely wide variation in petroleum prices and tax rates appears warranted.
Taxation of Petroleum Products
Author: Mrs.Poonam Gupta
Publisher: International Monetary Fund
ISBN: 1451979754
Category : Business & Economics
Languages : en
Pages : 58
Book Description
The domestic taxation of petroleum products is an important source of revenue in most countries. However, there is a wide variation of tax rates on petroleum products across countries, which cannot be explained by economic theory alone. This paper surveys different considerations advanced for taxing petroleum and presents petroleum tax rate data in 120 countries. It concludes that a significant reduction in the present extremely wide variation in petroleum prices and tax rates appears warranted.
Publisher: International Monetary Fund
ISBN: 1451979754
Category : Business & Economics
Languages : en
Pages : 58
Book Description
The domestic taxation of petroleum products is an important source of revenue in most countries. However, there is a wide variation of tax rates on petroleum products across countries, which cannot be explained by economic theory alone. This paper surveys different considerations advanced for taxing petroleum and presents petroleum tax rate data in 120 countries. It concludes that a significant reduction in the present extremely wide variation in petroleum prices and tax rates appears warranted.
Taxation and Pricing of Petroleum Products in Developing Countries
Author: Mr.Shahabuddin Mosherraf Hossain
Publisher: International Monetary Fund
ISBN: 1451846231
Category : Business & Economics
Languages : en
Pages : 28
Book Description
Using the modern theory of public economics as the point of departure, this paper outlines a basic principle for setting taxes and/or prices of commodities based on two key criteria, efficiency and equity. The paper shows that for petroleum products, the basic principle needs modification in the presence of various externalities and market imperfections in a setting where the instruments to address the externalities and imperfections are limited. Drawing from theoretical and empirical literature, the paper provides an operational framework and then illustrates how, for a country like Nigeria, the relevant taxes/subsidies to correct the externalities and to address equity and revenue considerations can be measured with a view to setting prices of petroleum products. However, the paper refrains from making any specific suggestion for policy reform in Nigeria. The framework outlined in the paper can be applied to the analysis of petroleum product taxes and prices in other developing countries.
Publisher: International Monetary Fund
ISBN: 1451846231
Category : Business & Economics
Languages : en
Pages : 28
Book Description
Using the modern theory of public economics as the point of departure, this paper outlines a basic principle for setting taxes and/or prices of commodities based on two key criteria, efficiency and equity. The paper shows that for petroleum products, the basic principle needs modification in the presence of various externalities and market imperfections in a setting where the instruments to address the externalities and imperfections are limited. Drawing from theoretical and empirical literature, the paper provides an operational framework and then illustrates how, for a country like Nigeria, the relevant taxes/subsidies to correct the externalities and to address equity and revenue considerations can be measured with a view to setting prices of petroleum products. However, the paper refrains from making any specific suggestion for policy reform in Nigeria. The framework outlined in the paper can be applied to the analysis of petroleum product taxes and prices in other developing countries.
Taxation of Petroleum Products
Author: Walter Mahler
Publisher:
ISBN:
Category :
Languages : en
Pages : 58
Book Description
The domestic taxation of petroleum products is an important source of revenue in most countries. However, there is a wide variation of tax rates on petroleum products across countries, which cannot be explained by economic theory alone. This paper surveys different considerations advanced for taxing petroleum and presents petroleum tax rate data in 120 countries. It concludes that a significant reduction in the present extremely wide variation in petroleum prices and tax rates appears warranted.
Publisher:
ISBN:
Category :
Languages : en
Pages : 58
Book Description
The domestic taxation of petroleum products is an important source of revenue in most countries. However, there is a wide variation of tax rates on petroleum products across countries, which cannot be explained by economic theory alone. This paper surveys different considerations advanced for taxing petroleum and presents petroleum tax rate data in 120 countries. It concludes that a significant reduction in the present extremely wide variation in petroleum prices and tax rates appears warranted.
Energy Program: Tax on industrial use of oil and natural gas
Author: United States. Congress. Joint Committee on Taxation
Publisher:
ISBN:
Category : Energy conservation
Languages : en
Pages : 42
Book Description
Publisher:
ISBN:
Category : Energy conservation
Languages : en
Pages : 42
Book Description
A Tabular Review of State Laws Relating to Taxation and Inspection of Gasoline and Other Petroleum Products
Author: Arch L. Foster
Publisher:
ISBN:
Category : Motor fuels
Languages : en
Pages : 50
Book Description
Publisher:
ISBN:
Category : Motor fuels
Languages : en
Pages : 50
Book Description
The Option of an Oil Tax to Fund Transportation and Infrastructure
Author: Keith Crane
Publisher: Rand Corporation
ISBN: 0833051822
Category : Business & Economics
Languages : en
Pages : 55
Book Description
Federal spending on surface-transportation infrastructure outpaces federal taxes on gasoline and diesel fuel. Increasing fuel efficiency means that fuel-purchase expenditures have dropped, so real revenue generated from these taxes has declined. A percentage tax on crude oil and imported refined-petroleum products consumed in the United States could fund U.S. transportation infrastructure.
Publisher: Rand Corporation
ISBN: 0833051822
Category : Business & Economics
Languages : en
Pages : 55
Book Description
Federal spending on surface-transportation infrastructure outpaces federal taxes on gasoline and diesel fuel. Increasing fuel efficiency means that fuel-purchase expenditures have dropped, so real revenue generated from these taxes has declined. A percentage tax on crude oil and imported refined-petroleum products consumed in the United States could fund U.S. transportation infrastructure.
Report of the Committee on Pricing and Taxation of Petroleum Products
Author: India. Committee on Pricing and Taxation of Petroleum Products
Publisher:
ISBN:
Category : Petroleum products
Languages : en
Pages : 43
Book Description
Publisher:
ISBN:
Category : Petroleum products
Languages : en
Pages : 43
Book Description
Regulations 49 Relating to the Producer's Tax on Crude Petroleum, Tax on Refining of Crude Petroleum, and Tax on Gasoline Produced Or Recovered from Natural Gas Under the Revenue Act of 1934
Author: United States. Office of Internal Revenue
Publisher:
ISBN:
Category : Gasoline
Languages : en
Pages : 50
Book Description
Publisher:
ISBN:
Category : Gasoline
Languages : en
Pages : 50
Book Description
Special Oil Taxes
Author: United States. Congress. Senate. Committee on Finance. Subcommittee on Taxation and Debt Management Generally
Publisher:
ISBN:
Category : Petroleum
Languages : en
Pages : 240
Book Description
Publisher:
ISBN:
Category : Petroleum
Languages : en
Pages : 240
Book Description
Energy Taxation Issues
Author: United States. Congress. Senate. Committee on Finance. Subcommittee on Energy and Agricultural Taxation
Publisher:
ISBN:
Category : Energy tax credits
Languages : en
Pages : 364
Book Description
Publisher:
ISBN:
Category : Energy tax credits
Languages : en
Pages : 364
Book Description