type="main" xml:id="ecpa12068-abs-0001" <p>The “Henry tax review,” Australia's Future Tax System (Commonwealth of Australia, Department of Treasury, [, 2010]), recommended that royalties be abolished and replaced by a resource rent tax. Regarding abolition, AFTS drew on KPMG Econtech ([,...</p>

We argue five main propositions. Firstly, the choice between royalties and profit-based taxation involves an efficiency trade-off, between diminished incentives to produce output on one hand, and diminished incentives to minimize costs on the other (as in Laffont and Tirole 1993). So the Brown...

We argue five main propositions. Firstly, the choice between royalties and profit-based taxation involves an efficiency trade-off, between diminished incentives to produce output on one hand, and diminished incentives to minimize costs on the other (as in Laffont and Tirole 1993). So the Brown...

Public interest journalism plays a crucial role in promoting the quality of public life, protecting individuals from misconduct on the part of government and the private sector, and giving real content to the public's ‘right to know'.Its vitality and sustainability into the future are...

Although Vietnam has achieved exceptionally rapid growth of exports, “vent-for-surplus” production of agricultural commodities and labour-intensive manufactures has yet to stimulate the development of large-scale, technologically progressive firms. Foreign-invested and small domestic...