Competitive Neutrality [electronic resource].
Development, Organisation for Economic Co-operation and.
Organisation for Economic Co-operation and DevelopmentCorporate Author
Organisation for Economic Co-operation and DevelopmentContributor
Paris : OECD Publishing,
2012.
The growing importance of state-owned enterprises (SOE) in the global marketplace has given rise to concerns about how to ensure competitive neutrality - a level playing field - where public and private entities compete. The book aims to serve as a resource for governments that intend to ensure that public and private businesses compete on equal terms.  It provides a catalogue of relevant practices and experiences in OECD and other jurisdictions. The publication is structured around eight "building blocks" of competitive neutrality including how to ensure debt, tax or regulatory neutrality; ca
Description based upon print version of record.
Foreword; About this report; Table of Contents; Executive Summary; Part I. Introduction; Concepts and Definitions Applied in this Report; Toward a general definition of competitive neutrality; Competitive neutrality in the context of this report; State-owned enterprises and other entities; Box I.1. Application of competitive neutrality framework to government business activity in Australia; Box I.2. 2008 System of National Accounts classifications; "Commercial" and "non-commercial" activities; Box I.3. A definition of public interest activities in the EU
The Economic Rationale for Pursuing Competitive NeutralityState-owned enterprises and deliberate departures from competitive neutrality; Other business undertakings by the public sector and unintentional departures from competitive neutrality; Reconciling departures from competitive neutrality in the pursuit of non-commercial objectives; Main Challenges in Obtaining Competitive Neutrality; Notes; Part II. Aspects of Competitive Neutrality; Chapter 1. Streamlining the operational form of government business; 1.1. The challenge and reality in OECD economies; 1.2. OECD sources
1.3. Options for remedial actionBox 1.1. Example: Finnish Road Enterprise; Chapter 2. Identifying the costs of any given function; 2.1. The challenge and reality in OECD economies; 2.2. OECD sources; 2.3. Options for remedial action; Box 2.1. Directives issued by the Israeli GCA to government companies on financial reports; Box 2.2. The EU Transparency Directive; Box 2.3. Actuarial calculations for Bord Gáis in Ireland; Box 2.4. Supervising the use of public funds in Spain; Box 2.5. Calculating full costs and factoring in competitive neutrality adjustments; Notes
Chapter 3. Achieving a commercial rate of return3.1. The challenge and reality in OECD economies; Box 3.1. Example: Lithuanian Police Department; 3.2. OECD sources; Box 3.2. Different methods used to calculate RORs and estimate performance of SOEs based on cost of capital; 3.3. Options for remedial action; Box 3.3. ROR calculations in Hungary; Box 3.4. Determining "reasonable profit" for the provision of SGEI under the EU rules; Box 3.5. Example: The Australian Valuation Office; Box 3.6. Toolkit: Measuring Returns and Assessing Performance; Chapter 4. Accounting for public service obligations
4.1. The challenge and reality in OECD economies4.2. OECD sources; 4.3. Options for remedial action; Box 4.1. Determining adequate compensation for public service obligations in EU (inc. EEA) member states according to the "Altmark Criteria"; Box 4.2. The public transport sector in Poland; Box 4.3. Methods for measuring the cost of public service obligations; Box 4.4. Determining neutral compensation for public service obligations in Hungary; Chapter 5. Tax neutrality; 5.1. The challenge and reality in OECD economies; 5.2. OECD sources; 5.3. Options for remedial action
Box 5.1. EC VAT Directive - Article 13.1 (Application of VAT on transactions of public authorities)
The growing importance of state-owned enterprises (SOE) in the global marketplace has given rise to concerns about how to ensure competitive neutrality - a level playing field - where public and private entities compete. The book aims to serve as a resource for governments that intend to ensure that public and private businesses compete on equal terms.  It provides a catalogue of relevant practices and experiences in OECD and other jurisdictions. The publication is structured around eight "building blocks" of competitive neutrality including how to ensure debt, tax or regulatory neutrality; ca
Business.
Government business enterprises.
Government ownership.