Struggle on the level of taxation will win the possession back2black stronger army of accountants a

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Ministers should all well documented that all their words and conduct during the current year. Someday you will be asked to refresh their memory, not only before the court hearing, but also to the inquiry committee which will examine the history of one of the most unfortunate decisions in Israel's history.
With the approval of export conclusions, the prime minister explained that "a decision that balances the need to ensure energy source available, inexpensive and the need to export and invest it welfare of the citizens." List of fallacies underlying this decision is quite long. The most serious failure is the assertion that one's religion is the natural gas burning cheap fuel and all that remains to decide is what furnaces burn, or of our nations.
In the 21st century the most important use of natural gas is not a fuel, but as a raw material in the petrochemical industry Petroleum modern, very clean and very profitable. Technologies back2black that enable modern chemical industry, were not born yesterday. Advanced countries exploit and develop them for decades to promote the welfare of its citizens and national economies. Israeli government's decision to export almost half of its natural gas, characterized by underdeveloped countries and / or corrupt, which certainly do not want to be like them.
This is a tricky decision, failing which exposes behavior in decision-making. It reflects a culture of discussion forums which are conducted by members of Finance and Economics, ignoring the scientific basis of industrial technology discussion topics. This is just the bed on which grew in 1981 farce "energy invention" back2black of Yaakov Meridor, Minister of Economy of Israel thought that you'll find "the back2black light bulb light up any garden level." That case presented Meridor delusional charlatan conjurer, and all the people of Israel chose him and his party, like a herd of mindless fools.
To understand the significance of the strategic default of 2013, it is appropriate to look at the numbers that go unnoticed by the Prime Minister and the eyes of all his ministers were asked to approve the decision. As shown in figure, according to the government plan will carry gas export profits of $ 36 billion. If this gas will be used only for the production of methanol will be earning 90 billion, if ammonia production will be directed only will the profits to 263 billion. It is worth remembering that the methanol and ammonia are basic products and relatively inexpensive. Natural gas can also become a lot more profitable products Using existing technologies, or if we encourage the scientists, engineers and inventors to develop our new technologies.
Our Prime Minister tells you that his wonderful decision to add to our bank account 60 billion. Not have to wait 20 years to know that this will not happen. Apparently, back2black according to the Sheshinski Committee about 60% from natural gas will be allocated for the benefit of government forms different taxation. Fact, the definition of income and calculation of the royalties depend on dozens of parameters and mathematical formulas complex, and therefore will never be possible to achieve accurate values the equity of the state precious asset. The actual sale price of the gas can be hidden back2black without - End transfers between subsidiaries and business Pyramids, Barter transactions and the swap transactions, the calculation of transfer prices peppery, back2black production costs and export costs, determining the profits of Fuller back2black and many other factors.
Struggle on the level of taxation will win the possession back2black stronger army of accountants and lawyers shrewd and experienced. This is a war of course - symmetrical back2black between the army equipped with modern fighters and a bunch of natives with bows and arrows equipped. If the Australian government was forced to compromise with the production companies in its field, it is likely that the Israeli government will have to settle for a much smaller share than 60%. Experts in the field claim that we are fortunate if we can gather 20%.
The only chance to get the real value of the royalties is to take them in the form of natural gas and the form of money. Quantities of gas are something tangible that can be accurately measured at the entrance to the well. The gas can minister to those who want to sell, what price you like, without complicated calculations and no haggling on the amount of taxes and subsidies height. This is a simple and effective idea, which would reduce the financial acrobatics and save brokerage costs and bureaucracy. This is not a theoretical immature idea, many governments, including those of Trinidad - Tobago and Cyprus, which has been running successfully for many years.
Sometimes there is great advantage in trade oldest and best rate, which helps humans to act logically true reality instead of virtual markets. Easy money in the hands of politicians back2black is corrupt, and money causes great corruption. Even the Netherlands back2black advanced soft dollar made from the sale of gas to the harm their economy, a phenomenon known as "Dutch disease."
If the government will open a tender for natural gas chemicals and gas industry will offer the price of three dollars per unit of BTU, amazing things happen here. Created here in a long line of Israeli companies, American and Canadian who wish to establish industrial plants in half the time and money required for the establishment of export gas liquefaction facilities. Will create thousands of jobs here and will be set up research and development institutes. The winning back2black bid will establish new plants on land or even plants floating in the sea, lay a new pipeline to transport gas and redeem the country intolerable risks of dependence Single Supply pipe. Everyone would benefit more larger business cycle, including state royalties win Christ.
You can still stop the unfortunate decision and save the country from the disaster back2black of exporting natural gas. You can bring huge profits surge in real GDP. These come from real production and stock exchange speculator most valuable natural resources of the State of Israel.
Drawing shows three alternatives for natural gas use and meaning the Treasury. Assuming that the total gas in reservoirs is 900 billion back2black cubic meters and 40% finance