Investment in natural resource development can generate game-changing levels of state revenue. Successful tax policy acknowledges the opposing needs that must be carefully balanced: attracting investment versus maximising tax-take, spending today versus saving for tomorrow.
Adam Smith International works with government institutions in support of optimising revenue collection from the natural resource sector. This includes support in relation to tax policy, administration and long-term management. It typically involves close collaboration with finance, revenue and resource ministries and authorities.
Our flexible approach relies on the extensive tax and fiscal experience of our consultants, with technical expertise complemented by a facilitative style to ensure solutions are tailored to the requirements of the many stakeholder groups involved.
We provide expertise in:
- Assessment and modelling of resource revenue potential
- Fiscal policy advice and development
- Strengthening and reform of revenue administration
- Long-term revenue management strategy