2023
			
	    
	
	
    Asteroid mining tax as a tool to keep peace in outer space
SEMERÁD, PavelBasic information
Original name
Asteroid mining tax as a tool to keep peace in outer space
	Authors
Edition
 Space Policy, 2023, 0265-9646
			Other information
Language
English
		Type of outcome
Article in a journal
		Confidentiality degree
is not subject to a state or trade secret
		Impact factor
Impact factor: 2.000
			Organization unit
STING ACADEMY
			Keywords in English
Asteroid mining; Extra-terrestrials; Space colonisation; Space exploration; Space tax; Taxation
		
				
				Changed: 27/9/2024 21:29, Ing. et Ing. Pavel Semerád, Ph.D., MBA
				
		Abstract
In the original language
At first glance, taxing mining in outer space may seem like a marginal issue. However, based on the experience of taxation on Earth, it will be a prerequisite for ensuring peace in outer space. The aim of this study is therefore to propose a way of taxing asteroid mining to eliminate economic inequalities between states on Earth and to reduce the future threat of space colonies and extra-terrestrials claiming asset-based benefits. The study proposes the institution of a tax administrator to oversee taxation as appropriate. At the same time, a procedure has been proposed for determining the tax base using normal prices for specific commodities. An important prerequisite for fair and sustainable taxation is the determination of the optimal tax rate. A progressive tax rate has been proposed that takes into account future developments in space mining. The proposal is divided into three stages to take into account potential collaboration with space colonies and possible clashes with alien civilizations.