Key issues in natural resource taxation and revenue management in the Commonwealth
Author(s)
Bibliographic Information
Key issues in natural resource taxation and revenue management in the Commonwealth
(Commonwealth economic papers, 96)
Commonwealth Secretariat, c2016
- : pbk
Available at 1 libraries
  Aomori
  Iwate
  Miyagi
  Akita
  Yamagata
  Fukushima
  Ibaraki
  Tochigi
  Gunma
  Saitama
  Chiba
  Tokyo
  Kanagawa
  Niigata
  Toyama
  Ishikawa
  Fukui
  Yamanashi
  Nagano
  Gifu
  Shizuoka
  Aichi
  Mie
  Shiga
  Kyoto
  Osaka
  Hyogo
  Nara
  Wakayama
  Tottori
  Shimane
  Okayama
  Hiroshima
  Yamaguchi
  Tokushima
  Kagawa
  Ehime
  Kochi
  Fukuoka
  Saga
  Nagasaki
  Kumamoto
  Oita
  Miyazaki
  Kagoshima
  Okinawa
  Korea
  China
  Thailand
  United Kingdom
  Germany
  Switzerland
  France
  Belgium
  Netherlands
  Sweden
  Norway
  United States of America
Note
Includes bibliographical references (p. 43-44)
Description and Table of Contents
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.
Table of Contents
Abbreviations and acronyms
Summary
Chapter 1: Introduction
Chapter 2: Taxation of Natural Resources in Commonwealth Countries
2.1 Why tax natural resource extraction differently from other economic activity?
2.2 Designing systems for the efficient taxation of natural resources
2.3 An approach to natural resource taxation
Chapter 3: Management of Revenue from Natural Resources
3.1 Negative economic impacts of natural resource revenues
3.2 Fiscal rules
3.3 Designing fiscal rules for natural resource revenue management
3.4 Sovereign wealth funds
3.5 Designing SWFs
Chapter 4: Conclusion
Annex 1: Statistical Data on Resource-rich Developing Commonwealth Countries 2004 to 2013
Annex 2: Breakeven Oil Prices for USA Shale Plays
Annex 3: Fiscal Instruments for the Taxation of Petroleum Production
Annex 4: A Comparison of Timor-Leste's and Nigeria's Sovereign Wealth Funds
References
by "Nielsen BookData"