Taxation of Petroleum Products

Taxation of Petroleum Products

Author: Mrs.Poonam Gupta

Publisher: International Monetary Fund

Published: 1994-03-01

Total Pages: 58

ISBN-13: 1451979754

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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.


Book Synopsis Taxation of Petroleum Products by : Mrs.Poonam Gupta

Download or read book Taxation of Petroleum Products written by Mrs.Poonam Gupta and published by International Monetary Fund. This book was released on 1994-03-01 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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

Taxation of Petroleum Products

Author: Walter Mahler

Publisher:

Published: 2006

Total Pages: 58

ISBN-13:

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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.


Book Synopsis Taxation of Petroleum Products by : Walter Mahler

Download or read book Taxation of Petroleum Products written by Walter Mahler and published by . This book was released on 2006 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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

Taxation and Pricing of Petroleum Products in Developing Countries

Author: Mr.Shahabuddin Mosherraf Hossain

Publisher: International Monetary Fund

Published: 2003-02-01

Total Pages: 28

ISBN-13: 1451846231

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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.


Book Synopsis Taxation and Pricing of Petroleum Products in Developing Countries by : Mr.Shahabuddin Mosherraf Hossain

Download or read book Taxation and Pricing of Petroleum Products in Developing Countries written by Mr.Shahabuddin Mosherraf Hossain and published by International Monetary Fund. This book was released on 2003-02-01 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.


Energy Program: Tax on industrial use of oil and natural gas

Energy Program: Tax on industrial use of oil and natural gas

Author: United States. Congress. Joint Committee on Taxation

Publisher:

Published: 1977

Total Pages: 42

ISBN-13:

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Book Synopsis Energy Program: Tax on industrial use of oil and natural gas by : United States. Congress. Joint Committee on Taxation

Download or read book Energy Program: Tax on industrial use of oil and natural gas written by United States. Congress. Joint Committee on Taxation and published by . This book was released on 1977 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt:


A Tabular Review of State Laws Relating to Taxation and Inspection of Gasoline and Other Petroleum Products

A Tabular Review of State Laws Relating to Taxation and Inspection of Gasoline and Other Petroleum Products

Author: Arch L. Foster

Publisher:

Published: 1932

Total Pages: 50

ISBN-13:

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Book Synopsis A Tabular Review of State Laws Relating to Taxation and Inspection of Gasoline and Other Petroleum Products by : Arch L. Foster

Download or read book A Tabular Review of State Laws Relating to Taxation and Inspection of Gasoline and Other Petroleum Products written by Arch L. Foster and published by . This book was released on 1932 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt:


Report of the Committee on Pricing and Taxation of Petroleum Products

Report of the Committee on Pricing and Taxation of Petroleum Products

Author: India. Committee on Pricing and Taxation of Petroleum Products

Publisher:

Published: 2006

Total Pages: 43

ISBN-13:

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Book Synopsis Report of the Committee on Pricing and Taxation of Petroleum Products by : India. Committee on Pricing and Taxation of Petroleum Products

Download or read book Report of the Committee on Pricing and Taxation of Petroleum Products written by India. Committee on Pricing and Taxation of Petroleum Products and published by . This book was released on 2006 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt:


The Option of an Oil Tax to Fund Transportation and Infrastructure

The Option of an Oil Tax to Fund Transportation and Infrastructure

Author: Keith Crane

Publisher: Rand Corporation

Published: 2011-02

Total Pages: 55

ISBN-13: 0833051822

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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.


Book Synopsis The Option of an Oil Tax to Fund Transportation and Infrastructure by : Keith Crane

Download or read book The Option of an Oil Tax to Fund Transportation and Infrastructure written by Keith Crane and published by Rand Corporation. This book was released on 2011-02 with total page 55 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.


The Budgetary and Economic Effects of Oil Taxes

The Budgetary and Economic Effects of Oil Taxes

Author: Philip Webre

Publisher:

Published: 1986

Total Pages: 74

ISBN-13:

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Book Synopsis The Budgetary and Economic Effects of Oil Taxes by : Philip Webre

Download or read book The Budgetary and Economic Effects of Oil Taxes written by Philip Webre and published by . This book was released on 1986 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt:


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

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:

Published: 1934

Total Pages: 50

ISBN-13:

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Book Synopsis 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 by : United States. Office of Internal Revenue

Download or read book 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 written by United States. Office of Internal Revenue and published by . This book was released on 1934 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt:


Petroleum Products Taxes

Petroleum Products Taxes

Author: Tennessee. Department of Revenue

Publisher:

Published: 1997

Total Pages: 68

ISBN-13:

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Book Synopsis Petroleum Products Taxes by : Tennessee. Department of Revenue

Download or read book Petroleum Products Taxes written by Tennessee. Department of Revenue and published by . This book was released on 1997 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: