Imperfect Competition and the Design of VAT Regimes : The Case of Energy Trade Between Russia and Ukraine »
Series: IMF Working Papers
Author(s): Clinton Shiells
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 December 2002
Keywords: Russia, Energy Trade, VAT, Imperfect Competition, oil exports, export price, gas exports, export tax, crude oil, Market Structure and Pricing: General
Under imperfect competition, Russia and Ukraine may choose to deviate from optimal tax considerations which suggest use of a destination-based VAT regime. Oil and gas trade is a major source of Russian tax revenue,...