Natural gas and oil taxes around the world - outline
2015-01-06Natural resources are spread all around the world in different amounts; the rights of their ownership belong to numerous countries. Each of these countries, making the resources available for the interested parties, decides on taxing this kind of activity. Creating a tax system is essential due to financial needs on the one hand (and the notion that since the resource is depleting, the owner should be appropriately rewarded) and on the other hand - with maintaining a balance between gaining financial profits by the owner/country and the possibility to discourage actual or potential investors by heavy burdens. Such systems are built using different and unlikely concepts and motives in different countries.
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