Natural resources consumption tax

Natural resources consumption tax

The natural resources consumption tax is a kind of tax to help ensure the long run sustainability by making people be more aware of natural resource consumption.

Contents

International water

The popular conception of international waters is that there is no owner of them, so anyone can take advantage of them. Some propose that instead international waters are to be seen as owned by all the people of the planet. Hence, any particular person exploiting the natural resources of international waters should be taxed by the United Nations, any proxy of it, or some other international agency.

Sovereignty territory

At present, property laws govern this issue. Natural resources are bound to the land and offshore natural resources are deemed to be owned by the state. Generally speaking, there is no tax on the consumption of natural resources. It might be difficult to implement such a tax.

In China, the state owns most of the natural resources, so a natural resources consumption tax was implemented in 1984.

Stumpage System

The stumpage fee can also be deemed as a kind of natural resources consumption tax.

See also


Wikimedia Foundation. 2010.

Игры ⚽ Нужна курсовая?

Look at other dictionaries:

  • Consumption tax — Taxation An aspect of fiscal policy …   Wikipedia

  • Tax — Taxation An aspect of fiscal policy …   Wikipedia

  • Tax system in China — Taxes provide the most important revenue source for the Government of the People s Republic of China. As the most important source of fiscal revenue, tax is a key economic player of macro economic regulation, and greatly affects China s economic… …   Wikipedia

  • Tax avoidance and tax evasion — Tax avoidance is the legal utilization of the tax regime to one s own advantage, in order to reduce the amount of tax that is payable by means that are within the law. By contrast tax evasion is the general term for efforts to not pay taxes by… …   Wikipedia

  • tax — A charge by the government on the income of an individual, corporation, or trust, as well as the value of an estate or gift. The objective in assessing the tax is to generate revenue to be used for the needs of the public. A pecuniary burden laid …   Black's law dictionary

  • consumption — [[t]kənsʌ̱mpʃ(ə)n[/t]] 1) N UNCOUNT: with supp The consumption of fuel or natural resources is the amount of them that is used or the act of using them. The laws have led to a reduction in fuel consumption in the US. ...a tax on the consumption… …   English dictionary

  • Carbon tax — Part of a series on Green economics Concepts …   Wikipedia

  • World energy resources and consumption — In order to directly compare world energy resources and consumption of energy, this article uses SI units and prefixes and measures energy rate (or power) in watts (W) and amounts of energy in joules (J). One watt is one joule per second. In 2005 …   Wikipedia

  • Progressive tax — A progressive tax is a tax imposed so that the tax rate increases as the amount subject to taxation increases. [ [http://www.merriam webster.com/dictionary/Progressive Webster] (4b): increasing in rate as the base increases (a progressive tax)] [ …   Wikipedia

  • property tax — a tax levied on real or personal property. [1800 10] * * * Levy imposed on real estate (land and buildings) and in some jurisdictions on personal property such as automobiles, jewelry, and furniture. Some countries also levy property taxes on… …   Universalium

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”