Taxation of Petroleum Products
Download or Read eBook Taxation of Petroleum Products PDF 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.
| Author | : Mrs.Poonam Gupta |
| Publisher | : International Monetary Fund |
| Total Pages | : 58 |
| Release | : 1994-03-01 |
| ISBN-10 | : 9781451979756 |
| ISBN-13 | : 1451979754 |
| Rating | : 4/5 (56 Downloads) |
Book Synopsis Taxation of Petroleum Products by : Mrs.Poonam Gupta
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.
