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Petroleum Tax Administration ,[object Object],[object Object],[object Object],[object Object],[object Object]
Outline of Presentation ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Outline of Presentation (cont’d) ,[object Object],[object Object],[object Object],[object Object]
Relevance of Petroleum Tax Administration ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Significance: A Prussian Parable ,[object Object]
Challenge: Tax Administration under  Ivan the Terrible
Special Features of the Petroleum Sector ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Tax Design and Tax Administration ,[object Object],[object Object],[object Object]
Routine Functions ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Procedural Steps Provisional Tax Declaration Oil  Valuation Payment of Tax Final Declaration & Payment Tax Audit Fixation Commission Revision Commission Before tax year During tax year After tax year Amended Provisional Declarations
Informational Requirements ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Problems Encountered in  Routine Administration  ,[object Object],[object Object],[object Object],[object Object],[object Object]
THE IDEAL APPROACH……. TAXES PAID TAXES  RECEIVED TAX PAYER MIN.FIN. & TREASURY A B A=B=C C TAXES DUE TAX PAYER PETROLEUM REVENUE REPORTING
Reconciliation Issues ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Non-routine Functions ,[object Object],[object Object],[object Object],[object Object],[object Object]
Volume Determination ,[object Object],[object Object],[object Object],[object Object]
Price Determination ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Cost Determination ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Ring Fencing ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Finance Costs ,[object Object],[object Object],[object Object],[object Object],[object Object]
Transfer Pricing  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Illustrative Transfer Pricing Mechanisms ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Environmental and  Field Abandonment Costs ,[object Object],[object Object],[object Object]
Audits ,[object Object],[object Object],[object Object],[object Object],[object Object]
Appeals ,[object Object],[object Object],[object Object],[object Object]
Complementary Activities: Tax Policy and Forecasting ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Organisation  ,[object Object],[object Object],[object Object],[object Object]
Analyst Analyst Analyst Analyst Possible   Institutional   Structure Monitoring filing and payments Valuation & tax audits Dispute resolution Taxpayer advice & policy External Legal Services External Tax Audit Consultants Director NTD Head  NRT
Building Capacity ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
National Oil Companies ,[object Object],[object Object],[object Object],[object Object],[object Object]
Transparency ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Political Economy ,[object Object],[object Object],[object Object],[object Object]
Petroleum Tax Administration ,[object Object],[object Object]

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Collecte et dissémination des revenues, Charles McPherson, FMI

  • 1.
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  • 3.
  • 4.
  • 5.
  • 6. Challenge: Tax Administration under Ivan the Terrible
  • 7.
  • 8.
  • 9.
  • 10. Procedural Steps Provisional Tax Declaration Oil Valuation Payment of Tax Final Declaration & Payment Tax Audit Fixation Commission Revision Commission Before tax year During tax year After tax year Amended Provisional Declarations
  • 11.
  • 12.
  • 13. THE IDEAL APPROACH……. TAXES PAID TAXES RECEIVED TAX PAYER MIN.FIN. & TREASURY A B A=B=C C TAXES DUE TAX PAYER PETROLEUM REVENUE REPORTING
  • 14.
  • 15.
  • 16.
  • 17.
  • 18.
  • 19.
  • 20.
  • 21.
  • 22.
  • 23.
  • 24.
  • 25.
  • 26.
  • 27.
  • 28. Analyst Analyst Analyst Analyst Possible Institutional Structure Monitoring filing and payments Valuation & tax audits Dispute resolution Taxpayer advice & policy External Legal Services External Tax Audit Consultants Director NTD Head NRT
  • 29.
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  • 33.