Domestic Taxation of Energy Products and the Multilateral Trade System
Article from: OGEL 3 (2004), in Taxation
Petroleum, natural gas and other energy sources compete with each other in so far as they can satisfy the same needs, such as providing the source for energy generation. The use of a specific energy source against a competing one is driven by several considerations, including availability, price, technology, environmental impact, corporate strategies and consumers' perceptions. Domestic taxation systems that impose different tax rates on different energy products have an impact on the final price of such products and may therefore alter the competitive ...