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

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A01=Daniel Wilde
Author_Daniel Wilde
Category=KCM
Category=KCP
economic development
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
natural resources
oil
Sovereign wealth funds
taxation

Product details

  • ISBN 9781849291606
  • Dimensions: 165 x 240mm
  • Publication Date: 21 Oct 2016
  • Publisher: Commonwealth Secretariat
  • Publication City/Country: GB
  • Product Form: Paperback
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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.

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