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The Resource Redesigning petroleum taxation : aligning government and investors in the UK

Redesigning petroleum taxation : aligning government and investors in the UK

Label
Redesigning petroleum taxation : aligning government and investors in the UK
Title
Redesigning petroleum taxation : aligning government and investors in the UK
Creator
Subject
Language
eng
Summary
Since its inception some 40 years ago, petroleum-specific taxation in the UK has been subject to numerous modifications. Often these modifications were brought into place not only to sufficiently incentivise the investors but also to capture a fair share for the government. Finding the right balance between these two aims is no easy matter. Such a balance, and the consequent fiscal stability, is necessary for the long-term relationship between the parties to endure to their mutual benefit. Yet achieving that balance and fiscal stability is possible. To understand this possibility, this book first clarifies what is meant by sufficient incentivisation and fair share before developing a new fiscal system that manages this balance and stability. Such clarification yields objective criteria against which to assess not only the existing regime, but also the newly proposed regime. This approach is further complemented by the analysis of the fiscal legislative framework and the evaluation of the legal positions of specific contractual elements and mechanisms found within that framework. This latter analysis is important in order to reduce the legal uncertainty such elements may create, which can otherwise lead to further reactive amendments and revisions to the fiscal regime in the future
http://library.link/vocab/creatorName
Üşenmez, E
Geographic coverage
  • European Union
  • Europe
Index
no index present
Language note
English
Literary form
non fiction
Series statement
Routledge explorations in environmental economics
http://library.link/vocab/subjectName
  • natural resources
  • hydrocarbon tax
  • tax reform
  • tax incentive
  • tax policy
Label
Redesigning petroleum taxation : aligning government and investors in the UK
Instantiates
Publication
Extent
xviii, 178 p.
Isbn
9781138219960
Label
Redesigning petroleum taxation : aligning government and investors in the UK
Publication
Extent
xviii, 178 p.
Isbn
9781138219960

Library Locations

    • IBFD Library AmsterdamBorrow it
      Rietlandpark 301, Amsterdam, 1019 DW, NL
      52.37366609999999 4.9336932
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