IDEAS home Printed from https://ideas.repec.org/a/eco/journ2/2018-05-13.html
   My bibliography  Save this article

Ways to Improve the Mineral Replacement Tax System: Taking the Experience of Commonwealth of Independent States Countries

Author

Listed:
  • Yana Ivanova

    (Plekhanov Russian University of Economics, Russia,)

  • Veronika Nikeryasova

    (Plekhanov Russian University of Economics, Russia,)

  • Nella Balikhina

    (Plekhanov Russian University of Economics, Russia,)

  • Aleksey Savrukov

    (Plekhanov Russian University of Economics, Russia,)

Abstract

This article is a critical analysis of mining taxation in Commonwealth of Independent States (CIS). The paper outlines recommendations for improving the tax legislation so that the mineral replacement tax would be calculated in an easy and transparent way for any kind of solid mineral raw material. The first recommendation is to change the tax calculation methodology, tax rates, then to introduce various benefits (in case of low profitability, in cases depending on the mining conditions, etc.). As a result, this can contribute to the reduction of tax burden, imposed on low-profit mining enterprises, while on the other hand to increase the tax revenues under favorable market conditions.

Suggested Citation

  • Yana Ivanova & Veronika Nikeryasova & Nella Balikhina & Aleksey Savrukov, 2018. "Ways to Improve the Mineral Replacement Tax System: Taking the Experience of Commonwealth of Independent States Countries," International Journal of Energy Economics and Policy, Econjournals, vol. 8(5), pages 97-103.
    • Handle: RePEc:eco:journ2:2018-05-13
    as

    Download full text from publisher

    File URL: https://www.econjournals.com/index.php/ijeep/article/download/6698/3930
    Download Restriction: no
    File URL: https://www.econjournals.com/index.php/ijeep/article/view/6698/3930
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Henckens, M.L.C.M. & Driessen, P.P.J. & Ryngaert, C. & Worrell, E., 2016. "The set-up of an international agreement on the conservation and sustainable use of geologically scarce mineral resources," Resources Policy, Elsevier, vol. 49(C), pages 92-101.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Ravil Akhmadeev & Alexander Redkin & Nadezda Glubokova & Olga Bykanova & Liubov Malakhova & Anatoly Rogov, 2019. "Agro-industrial cluster: supporting the food security of the developing market economy," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 7(2), pages 1149-1170, December.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Juliana Segura-Salazar & Luís Marcelo Tavares, 2018. "Sustainability in the Minerals Industry: Seeking a Consensus on Its Meaning," Sustainability, MDPI, vol. 10(5), pages 1-38, May.
    2. Weiser, Annika & Bickel, Manuel W. & Kümmerer, Klaus & Lang, Daniel J., 2020. "Towards a more sustainable metal use – Lessons learned from national strategy documents," Resources Policy, Elsevier, vol. 68(C).
    3. Nassani, Abdelmohsen A. & Aldakhil, Abdullah Mohammed & Zaman, Khalid, 2021. "Ecological footprints jeopardy for mineral resource extraction: Efficient use of energy, financial development and insurance services to conserve natural resources," Resources Policy, Elsevier, vol. 74(C).
    4. Henckens, M.L.C.M. & Ryngaert, C.M.J. & Driessen, P.P.J. & Worrell, E., 2018. "Normative principles and the sustainable use of geologically scarce mineral resources," Resources Policy, Elsevier, vol. 59(C), pages 351-359.
    5. Klossek, Polina & Kullik, Jakob & van den Boogaart, Karl Gerald, 2016. "A systemic approach to the problems of the rare earth market," Resources Policy, Elsevier, vol. 50(C), pages 131-140.
    6. Emilio Castillo & Roderick Eggert, 2019. "Reconciling Diverging Views on Mineral Depletion: A Modified Cumulative Availability Curve Applied to Copper Resources," Working Papers 2019-02, Colorado School of Mines, Division of Economics and Business.
    7. Luis Gabriel Carmona & Kai Whiting & Angeles Carrasco & Tânia Sousa & Tiago Domingos, 2017. "Material Services with Both Eyes Wide Open," Sustainability, MDPI, vol. 9(9), pages 1-23, August.

    More about this item

    Keywords

    s taxation; severance tax; super profit; rental payment; license trade; auction-based system; energy economics.;
    All these keywords.

    JEL classification:

    • H21 - Public Economics - - Taxation, Subsidies, and Revenue - - - Efficiency; Optimal Taxation
    • N50 - Economic History - - Agriculture, Natural Resources, Environment and Extractive Industries - - - General, International, or Comparative
    • P18 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Energy; Environment

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eco:journ2:2018-05-13. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ilhan Ozturk (email available below). General contact details of provider: http://www.econjournals.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.