The Taxation of Petroleum and Minerals : Principles, Problems and Practice

There are few areas of economic policy-making in which the returns to good decisions are so high-and the punishment of bad decisions so cruel-as in the management of natural resource wealth. Rich endowments of oil, gas and minerals have set some countries on courses of sustained and robust prosperit...

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Bibliographic Details
Corporate Author:	International Monetary Fund
Format:	Book
Language:	English
Published:	Washington, D.C. : International Monetary Fund, 2010
Series:	IMF eLibrary
Subjects:	Accelerated depreciation Administering taxes Amount of tax Associated gas Audited accounts Average tax rate Bid price Bidder Bidders bid Bidders Bids Bilateral investment treaties Bilateral investment Budget allocations Budget constraints Budget management Budget process Budget revenues Budgetary allocations Burner tip Business income taxes Business tax Business taxation Capital expenditure Capital expenditures Capital gains tax Capital investment Capital spending Capital structure Coal Collecting revenues Commodity prices Commodity taxation Communications Company income tax Competitive bidding Competitive process Corporate income tax Corporate income taxation Corporate income taxes Corporate tax base Corporate tax liability Corporate tax rate Corporate tax rates Corporate tax system Corporate tax Corporate taxes Corporation tax Cost of capital Costs of tax administration Country tax systems Crude oil Depreciation allowances Direct investment Direct tax Direct taxation Direct taxes Dividend payments Domestic investment Domestic law Domestic tax Domestic taxes Double taxation treaties Double taxation Drill bit Earmarking tax revenues Economic outcomes Economic studies Economic theory Effective tax rates Effects of taxation Employment taxes Energy information administration Environmental protection Environmental taxes Equitable treatment Excess profits tax Excess profits taxes Excise duties Excise duty Expected returns Expected value Exploration drilling Export tax Export taxes Expropriation Extractive industries transparency initiative Extractive industries Federal tax Federal taxes Field gas Fiscal accounts Fiscal activities Fiscal affairs department Fiscal affairs Fiscal agency Fiscal agent Fiscal agents Fiscal analysis Fiscal arrangements Fiscal benefits Fiscal burden Fiscal change Fiscal changes Fiscal considerations Fiscal constitution Fiscal control Fiscal costs Fiscal design Fiscal discipline Fiscal equivalence Fiscal federalism Fiscal framework Fiscal frameworks for exploration Fiscal frameworks Fiscal functions Fiscal impact Fiscal implications Fiscal incentive Fiscal incentives for investment Fiscal incentives Fiscal institutions Fiscal instrument Fiscal instruments Fiscal issue Fiscal laws Fiscal legislation Fiscal loss Fiscal management Fiscal measures Fiscal model Fiscal objectives Fiscal outcome Fiscal outcomes Fiscal package Fiscal perspective Fiscal policies Fiscal policy formulation Fiscal policy objective Fiscal policy Fiscal position Fiscal positions Fiscal regime Fiscal regimes Fiscal regulation Fiscal responsibility Fiscal revenue Fiscal revenues Fiscal risk Fiscal risks Fiscal rules Fiscal situation Fiscal stability Fiscal stabilization Fiscal structure Fiscal studies Fiscal system Fiscal systems Fiscal terms Fiscal transparency Fiscal value Fixed costs Foreign capital Foreign companies Foreign direct investment Foreign investment Foreign tax credit Foreign tax credits Foreign tax haven Foreign tax Form of taxation Fuel oil Future cash flows Gas activities Gas business Gas capital Gas companies Gas deposits Gas development Gas discoveries Gas export sales Gas extraction Gas field development Gas field production Gas field Gas fields Gas flaring Gas industries Gas industry Gas infrastructure Gas law Gas management Gas operations Gas pipeline Gas pipelines Gas price Gas prices Gas pricing policies Gas pricing Gas processing Gas producers Gas production Gas projects Gas reserves Gas resources Gas sales Gas sector Gas sectors Gas suppliers Gas supplies Gas supply Gas taxation Gas transfer General taxation Government budgets Government expenditure Government revenue Harmful tax competition Harmful tax High tax rates High-tax jurisdictions Higher income Higher oil prices Home country Hydrocarbon law Hydrocarbon resources Import duties Income tax purposes Income tax rate Income tax rates Income tax system Income taxes Indirect tax Indirect taxation Indirect taxes Input taxation Interest payments Internal revenue International finance International oil companies International tax competition International tax International taxation Internet Investment behavior Investment decisions Investment incentives Investment needs Investment promotion Investment risk Investment treaties Investor protections Investors Joint ventures Labor taxes Large taxpayer units Level of taxation Liberal rules Liquid form Lng plant Lower tax rates Marginal rate of tax Marginal tax rate Marginal tax rates Million barrels per day Million barrels Ministry of petroleum National energy National oil companies National oil National sovereignty National tax journal National taxes National treatment Natural gas business Natural gas infrastructure Natural gas liquids Natural gas pricing Natural gas project Natural gas projects Natural gas reserves Natural gas resources Natural gas supply Natural gas taxation Natural gas value chain Natural gas Natural resource taxation Natural resources News Ngls Oil and gas sector Oil and gas Oil companies Oil company Oil development Oil discoveries Oil exports Oil extraction Oil field Oil fields Oil industry Oil infrastructure Oil price changes Oil price collapse Oil prices Oil producers Oil producing countries Oil producing Oil production capacity Oil production Oil recovery Oil reserves Oil resources Oil revenues Oil sector Oil supplies Oil-producing countries Opec Open bidding Optimal level of taxation Optimal tax Optimal taxation Organization of petroleum exporting countries Packages Percent of production Personal income tax Personal income taxes Petroleum company Petroleum exploration Petroleum exporting countries Petroleum extraction Petroleum geology Petroleum industry Petroleum law Petroleum prices Petroleum producing countries Petroleum producing Petroleum production Petroleum products Petroleum province Petroleum reserves Petroleum resources Petroleum sector Petroleum taxation Petroleum taxes Pipeline owner Pipeline tariff Political economy Power generation Power plant Press Price adjustment Prices for gas Private investment Private investor Production level Production sharing contracts Progressive tax Progressive taxation Progressive taxes Proportional tax Prospective bidders Public advertisement Public finance Public investment Public spending Qualification procedures Qualified bidders Quasi-fiscal activities Radio spectrum Rate of income tax Rate of investment Rate of return Rate of tax Rates of return Real rate of return Reduction in tax Regressive tax Reinvestment Renewable resources Rent taxes Request for proposals Reservoir characteristics Reservoir pressure Retained earnings Return on investment Revenue collection Risk assessment Risk preference Risk premium Risky investment Royalty rates Sales taxes Single tax instrument Special economic zones Spectrum Spot price State budget State control State income tax State owned enterprise State taxes Tariff rates Tax accounting Tax administration reform Tax administration system Tax administration Tax administrations Tax administrators Tax advantages Tax agencies Tax agency Tax agreements Tax allowance Tax allowances Tax analysis Tax appeals Tax arrangements Tax assessment Tax assessments Tax audit Tax auditors Tax audits Tax authorities Tax authority Tax avoidance Tax base Tax bases Tax benefits Tax breaks Tax bulletin Tax burden Tax capacity Tax change Tax changes Tax collection Tax collections Tax collector Tax competition Tax compliance Tax concessions Tax coordination Tax credit Tax credits Tax cuts Tax deductible Tax deduction Tax deductions Tax department Tax departments Tax design Tax evasion Tax exemption Tax exemptions Tax haven Tax impacts Tax incentives Tax income Tax increase Tax increases Tax instrument Tax instruments Tax journal Tax legislation Tax liabilities Tax liability Tax measures Tax obligations Tax office Tax offices Tax officials Tax on dividends Tax payment Tax payments Tax planning Tax policy design Tax policy Tax profitability Tax profits Tax purposes Tax rate reductions Tax rate setting Tax rate Tax rates of return Tax rates Tax ratio Tax receipts Tax reductions Tax reform Tax reforms Tax refunds Tax regime Tax regulations Tax reporting Tax return Tax returns Tax revenue Tax revenues Tax savings Tax service Tax sharing Tax sparing Tax structure Tax structures Tax subsidy Tax system Tax systems Tax treaties Tax treatment Tax wedge Taxable capacity Taxable events Taxable income Taxable profits Taxation issues Taxation of capital income Taxation of income Taxation policy Taxation theory Taxation Taxpayer education Taxpayer information Taxpayer obligations Taxpayer office Taxpayer units Telecommunications companies Telecommunications Transition countries Unilateral action Windfall tax Winning bid Winning bidder World prices Angola Australia Mozambique Norway