First Report

First Report
Author: Ontario. Royal Commission on Petroleum Products Pricing
Publisher:
Total Pages: 128
Release: 1975
Genre: Petroleum products
ISBN:

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Price Increases in Petroleum Products

Price Increases in Petroleum Products
Author: United States. Congress. Senate. Committee on Banking and Currency
Publisher:
Total Pages: 146
Release: 1949
Genre: Petroleum industry and trade
ISBN:

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Taxation of Petroleum Products

Taxation of Petroleum Products
Author: Mrs.Poonam Gupta
Publisher: International Monetary Fund
Total Pages: 58
Release: 1994-03-01
Genre: Business & Economics
ISBN: 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.