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Tax Policy Towards the Oil Industry
[Налоговая Политика По Отношению К Нефтяной Отрасли]

Author

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  • Bobylev, Yuri (Бобылев, Юрий)

    (Russian Presidential Academy of National Economy and Public Administration (RANEPA), Gaidar Institute for Economic Policy)

  • Rasenko, O.A. (Расенко, О.)

    (Russian Presidential Academy of National Economy and Public Administration (RANEPA))

Abstract

The paper considers the state tax policy towards the oil industry of the Russian economy, analyzes possible measures of such a policy, including structural adjustment of the tax system and the introduction of a special tax on additional income. Various approaches to the construction of a tax on additional income have been analyzed, and an additional tax on profits with a progressive tax rate has been proposed as the most preferable form of this tax. The paper formulates recommendations aimed at increasing the effectiveness of the tax system and creating the necessary conditions for the development of the oil industry.

Suggested Citation

  • Bobylev, Yuri (Бобылев, Юрий) & Rasenko, O.A. (Расенко, О.), 2018. "Tax Policy Towards the Oil Industry [Налоговая Политика По Отношению К Нефтяной Отрасли]," Working Papers 041817, Russian Presidential Academy of National Economy and Public Administration.
    • Handle: RePEc:rnp:wpaper:041817
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    References listed on IDEAS

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    1. Garnaut, Ross & Clunies-Ross, Anthony, 1983. "Taxation of Mineral Rents," OUP Catalogue, Oxford University Press, number 9780198284543, Decembrie.
    2. Knack, Stephen, 2009. "Sovereign rents and quality of tax policy and administration," Journal of Comparative Economics, Elsevier, vol. 37(3), pages 359-371, September.
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