resource tax (Q720)
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Includes taxes on resources, such as management of water, land, soil, forests, biodiversity, wildlife and fish stocks, including mining and quarrying.
- resources tax
- tax on resources
- tax on natural resources
- taxes on natural resources
Language | Label | Description | Also known as |
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English | resource tax |
Includes taxes on resources, such as management of water, land, soil, forests, biodiversity, wildlife and fish stocks, including mining and quarrying. |
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Statements
A resource tax is applied to the extraction or use of natural resources, covering areas like water, land, soil, forests, biodiversity, wildlife, fish stocks, mining, and quarrying. This tax encourages sustainable resource management by creating a cost associated with resource use and depletion, aiming to reduce environmental impact and conserve natural assets.