Optimal taxation in the forestry sector in the Congo Basin : the case of Gabon /

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Bibliographic Details
Author / Creator:Melhado, Oscar, author.
Imprint:Washington, D.C. : International Monetary Fund, African Dept., 2007.
Description:1 online resource (23 pages) : illustrations
Language:English
Series:IMF working paper, 2227-8885 ; WP/07/253
IMF working paper ; WP/07/253.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12496907
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Other authors / contributors:International Monetary Fund. African Department, issuing body.
ISBN:1282649000
9781282649002
1451912692
9781451912692
Notes:Includes bibliographical references (page 23).
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Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2010.
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212
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Print version record.
Summary:This paper reviews forestry reform in the Congo basin, focusing on Gabon. It argues that the key challenge for the Congo basin countries is to manage their forests in a sustainable manner. It presents the current situation of forestry taxation and forestry reform in Gabon. The paper analyzes optimal taxation in the forestry sector using a static model. The model works from the proposition that tax policy should be used exclusively for revenue purposes and resource preservation should be achieved mainly through legislation and enforcement. It argues that when prices are uncertain the best practice is to tax only profits.
Other form:Print version: Melhado, Oscar. Optimal taxation in the forestry sector in the Congo Basin. Washington, D.C. : International Monetary Fund, African Dept., 2007
Standard no.:10.5089/9781451912692.001