01702cas a2200241 a 4500 AALejournalIMF009656 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451868166 1018-5941 BD-DhAAL BD-DhAAL Melhado Orellana, Oscar. Optimal Taxation in the Forestry Sector in the Congo Basin : The Case of Gabon / Oscar Melhado Orellana. Washington, D.C. : International Monetary Fund, 2007. 1 online resource (23 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper reviews forestry reform in the Congo basin, focusing on Gabon. It argues that the key challenge for the Congo basin countries is to manage their forests in a sustainable manner. It presents the current situation of forestry taxation and forestry reform in Gabon. The paper analyzes optimal taxation in the forestry sector using a static model. The model works from the proposition that tax policy should be used exclusively for revenue purposes and resource preservation should be achieved mainly through legislation and enforcement. It argues that when prices are uncertain the best practice is to tax only profits. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2007/253 Full text available on IMF http://elibrary.imf.org/view/journals/001/2007/253/001.2007.issue-253-en.xml IMF e-Library