Resource Taxation and Remote Aboriginal Expenditure

Resource taxation is a key concern for resource‐rich nations. An especially thorny public policy question revolves around how resource taxation translates into benefits for affected communities in which resource extraction occurs. This article considers the international and Australian experience wi...

Full description

Saved in:
Bibliographic Details
Published in:Economic papers (Economic Society of Australia) 2013-09, Vol.32 (3), p.360-382
Main Authors: Blackwell, Boyd, Dollery, Brian
Format: Article
Language:English
Subjects:
aboriginal
Aboriginal communities
Australia
Australia-overseas comparisons
Australia: Social policy
Governance
Local communities
Mineral resources
Mining
Mining production
Public policy
Remote areas
remote communities
Royalties
Taxation
Citations: Items that this one cites
Items that cite this one
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:Resource taxation is a key concern for resource‐rich nations. An especially thorny public policy question revolves around how resource taxation translates into benefits for affected communities in which resource extraction occurs. This article considers the international and Australian experience with mineral resource taxes, the types of taxes employed, how they are collected and disbursed, and the extent to which they benefit regional and remote communities. It is argued that direct payments from mining companies to affected communities represent the most efficient form of transfer. However, payments alone will not improve the wellbeing of remote communities, which also require good governance and abundant transparency.
ISSN:0812-0439
1759-3441
DOI:10.1111/1759-3441.12041