Publication: Petroleum Taxes : Trends in Fuel Taxes (and Subsidies) and the Implications

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Date
2001-09
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Published
2001-09
Author(s)
Bacon, Robert
Abstract
Recent World Bank analysis shows that taxes on petroleum products are a critical source of government revenue for low-income countries. And if the experience of industrial countries serves as any guide, the rates of these taxes will have to rise sharply as low-income economies develop. But policymakers must be mindful of how taxes (and subsides) affect the relative prices of fuels, since too large a difference in process between products cab lead to fuel switching and adulteration, adversely affecting the government tax take and pollution levels.
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Bacon, Robert. 2001. Petroleum Taxes : Trends in Fuel Taxes (and Subsidies) and the Implications. Viewpoint. © World Bank, Washington, DC. http://hdl.handle.net/10986/11367 License: CC BY 3.0 IGO.
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