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features distinguish the taxation of forestry from regular taxes: First, government plays a dual role as sovereign tax authority but also as the owner of the natural resource (forests); second, tax instruments in the forestry sector aim at determining a price for the right to extract, compared to the goal of traditional taxes to raise a given amount of revenue while minimizing economic distortions, achieve equity, and keep administrative costs low. 63. The literature recognizes that in the ideal world of perfect markets and information, auctions would be the best