The Russian Federation has one of the richest natural resource endowments in the world. Despite their importance in the Russian economy, natural resources do not contribute as much as they could to public revenues. Large resource rents (excess payments, or above-normal profits generated by natural resources in scarce supply) are dissipated through subsidies and wastage, or appropriated by private interests. Failure to tax this rent means that taxes...
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INFORMATION
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2002/03/31
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Document de travail de recherche sur les politiques
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WPS2807
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1
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1
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2010/07/01
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The role of natural resources in fundamental tax reform in the Russian Federation
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return on long-term assets