Petrucci, Alberto - Fondazione ENI Enrico Mattei (FEEM) - 2010
This paper analyzes the efficient taxation of oil and capital income in an oil-dependent infinite-lived economy facing … competition and tax restrictions. The optimal tax rates on oil and capital strictly depend on the international tax system … type of tax restrictions and the use of oil (as an input or a consumer good). Under the residence-based system, capital …