Taxing the Golden Goose: Reforming Taxation of the Oil Sector in Putin’s Russia
Year: 2020
Type: article
Abstract: There has been one defining characteristic of Russia’s approach to taxing the oil sector during the Putin era. Successive governments have illustrated an inbuilt resistance to adopting a comprehensive tax regime that would take into account the sector’s costs and profitability. This has defied international trends among a growing number of oil-rich countries. This article centres on three explanations. The concentration of power around the executive branch, the organisational setup of the oil industry and ‘path dependence’ have all made Russia less likely to shift away from its adherence to more traditional means of taxation and ad hoc policy solutions.
Source: Europe Asia Studies
Author: Adnan Vatansever
Language: English
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W3049303934