taxation in mining industry

Zambia hones in on fiscal sweet spot for mining

Zambia hones in on fiscal sweet spot for mining

Jan 31, 2019 · Mining companies have now submitted data to the government, which is now in discussions with the mining industry on the quality and type of data needed. Financial modelling allows revenue flows from a project to be tracked and can reveal whether the correct amount of tax

Get price
(PDF) Mining taxation in Africa: the gold mining industry

(PDF) Mining taxation in Africa: the gold mining industry

Mining taxation in Africa: the gold mining industry in 14 countries from 1980 to 2015. Research (PDF Available) · June 2017 Method: Income tax rates, the number of taxes charged and the

Get price
Mining site employees Australian Taxation Office

Mining site employees Australian Taxation Office

to compensate for industry peculiarities, such as for living and working away from home. These payments don''t cover you for expenses you might incur. Include these allowances as income in your tax return. If you receive an allowance from your employer, you aren''t always entitled to a deduction – it depends on the situation. See Deductions.

Get price
Mining taxation in Africa: the gold mining industry in 14

Mining taxation in Africa: the gold mining industry in 14

Sep 15, 2016 · The lack of information about the sharing of mining resource rent between governments and investors is an easy statement to make for Africa. The existing datasets are often insufficient for a deep analysis of African tax law as applied to the natural resource sectors, which has limited the academic and operational approaches.

Get price
Mining taxes

Mining taxes

Mining taxes The case of Oyu Tolgoi and profitable tax avoidance by Rio Tinto in Mongolia January 2018 Oyu Tolgoi Watch Ulaanbaatar, 46A Mongolia T: 97698905828 Oyu Tolgoi Watch is a nonprofit, non governmental organization established in 2009 to monitor Oyu Tolgoi project''s compliance with the international environ

Get price
Mineral royalties and other mining specific taxes

Mineral royalties and other mining specific taxes

MIneral royaltIes anD other MInIngspeCIfIC taxes MIneral taxes Mineral royalty and tax types and their characteristics As special taxes for the mining sector are, in principle, directed at the net value of the mineral resource after the deduction of costs of production including normal

Get price
Mining KPMG Canada

Mining KPMG Canada

In Canada, the nexus of the global mining industry, our mining group enjoys daily exposure to the highest concentration of mining companies and mining listings in the world. The Canadian firm is a driving force in KPMG''s Global Mining Network, which shares intelligence among all

Get price
Mining in Thailand Lexology

Mining in Thailand Lexology

Jul 18, 2018 · Mining industry. Standing. Consideration for transfer of licence is egorised as a taxable income that is subject to income tax at the rate prescribed by the Revenue Code. Capital gains are

Get price
Regulations and taxation World Gold Council

Regulations and taxation World Gold Council

The exploration and mining of gold is subject to a myriad of regulations, typically embedded into a national mining law. National mining laws cover areas such as: licensing process, foreign ownership of land, environment rules, health and safety, tax and royalty payments. Responsible sourcing regulations

Get price
Minerals Resource Rent Tax Wikipedia

Minerals Resource Rent Tax Wikipedia

The Minerals Resource Rent Tax (MRRT) was a tax on profits generated from the mining of nonrenewable resources in Australia. It was a replacement for the proposed Resource Super Profit Tax (RSPT).. The tax, levied on 30% of the "super profits" from the mining of iron ore and coal in Australia, was introduced on 1 July 2012. A company was to pay the tax when its annual profits reach $75

Get price
Mining taxation in Africa: The gold mining industry in 14

Mining taxation in Africa: The gold mining industry in 14

Mining taxation in Africa: The gold mining industry in 14 countries from 1980 to 2015 Bertrand Laporte, Céline de Quatrebarbes, Yannick Bouterige To cite this version: Bertrand Laporte, Céline de Quatrebarbes, Yannick Bouterige. Mining taxation in Africa: The gold mining industry in 14 countries from 1980 to 2015. 2017. ￿halshs01545361￿

Get price
Canadian mining taxation 2016 PwC Canada

Canadian mining taxation 2016 PwC Canada

This publiion provides guidance from the industry leaders on the complexities of mining taxation in Canada. Covers all project stages – from exploration to production – to help you manage your tax risks.

Get price
Report on Taxation in the Mining Industry (BMR Record

Report on Taxation in the Mining Industry (BMR Record

of the Inoome Tax Act which apply more spccif:i.cally to the mining industry. Wi th the exception of Sec tions 23{ c}, (m), (0) and (p), the Sections specific to mining aro concerned with some particular capital aspect, and ls.rgcly reCOGnise that a mineral deposit is a wasting asset. A purposo''of tho Report

Get price
Mining tax PwC

Mining tax PwC

Mining forms one of the leading industries in South Africa, playing a vital role in the economy. Due to the complexity of the South African tax laws and the impact thereof on the industry, its is necessary to have a thorough understanding of not only the tax legislation, but also the specific needs of the South African mining industry.

Get price
Mining risk and assurance KPMG

Mining risk and assurance KPMG

Mining risk and assurance: A survival strategy. 4 Strategy. 2014 KPMG International Cooperative (KPMG International). KPMG International provides no client services and is a Swiss entity with which the independent member rms of the KPMG network are af liated.

Get price
Mining royalties : a global study of their impact on

Mining royalties : a global study of their impact on

Mining royalties : a global study of their impact on investors, government, and civil society (English) Abstract. Eight leading authorities from around the world have collaborated to produce this volume which provides a thorough treatment of mineral royalties.

Get price
Regulation Spanish mining: Taxation and regulation

Regulation Spanish mining: Taxation and regulation

can be applied for tax purposes during the first 10 years of a project''s life. Spanish mining: Taxation and regulation Vasili Nicoletopolous* looks at how the regulatory environment is helping to extend Spain''s proud mining tradition Table 1: Main tax types* In rem taxes In personam taxes Royalty unit based and value based Corporate income tax

Get price
Mining taxation in Africa: the gold mining industry in 14

Mining taxation in Africa: the gold mining industry in 14

Sep 15, 2016 · The lack of information about the sharing of mining resource rent between governments and investors is an easy statement to make for Africa. The existing datasets are often insufficient for a deep analysis of African tax law as applied to the natural resource sectors, which has limited the academic and operational approaches.

Get price
Mining Sector Zambia Development Agency

Mining Sector Zambia Development Agency

The general investment incentives applicable to the mining sector are Guaranteed input tax claim for five years on preproduction expenditure for exploration companies in the mining sector. Any mining company holding a largescale mining license carrying on the mining of base metals is taxed at 30%.

Get price
Taxation of the Mining Industry in Chile: An Update The

Taxation of the Mining Industry in Chile: An Update The

Mining taxation is not the set of special tax rules applicable only to the mining industry, but rather it is the set of general tax rules that have an especially significant impact on the industry. Accordingly, the important changes in Chilean mining taxation I will consider in this update are changes in certain general tax laws which happen to

Get price
Mining tax PwC

Mining tax PwC

Mining forms one of the leading industries in South Africa, playing a vital role in the economy. Due to the complexity of the South African tax laws and the impact thereof on the industry, its is necessary to have a thorough understanding of not only the tax legislation, but also the specific needs of the South African mining industry.

Get price
THE TAXATION OF MINING State Bar of Nevada

THE TAXATION OF MINING State Bar of Nevada

14 Nevada Lawyer April 2013 THE TAXATION OF MINING continued from page 13 two additional taxes (LSST and SCCRT) on sales raising the aggregate sales tax rate by several percentage points.14 When this shift occurred, the Legislature adopted new rules for the

Get price
Colombia Mining and metals tax guide May 2017

Colombia Mining and metals tax guide May 2017

The fiscal regime that applies to the mining industry in Colombia consists of a combination of corporate income tax (CIT) and royaltybased taxation. Income tax rate Corporate is 34% for 2017 and 33% for 2018 onward. CIT surtax is 6% for 2017 and 4% for 2018. Free trade zone is 20%.

Get price
Mining Tax Canada Welcome to Mining Tax Canada

Mining Tax Canada Welcome to Mining Tax Canada

Mining Tax Canada is an eduional resource for those interested in the Canadian taxation of mining. It seeks to explain the most important elements of the Canadian tax system as it applies to mining, in a nontechnical, userfriendly way. The Canadian tax rules governing mining are very complex (even by tax standards) and require professional

Get price
Mining Taxation in Canada Natural Resources Canada

Mining Taxation in Canada Natural Resources Canada

The efficiency and equity arguments for changing the structure of, and the aggregate level of, special taxation of the mining industry are reviewed. An economic rent base tax

Get price
The Tax Treatment of the Mining Sector: An IMF Perspective

The Tax Treatment of the Mining Sector: An IMF Perspective

The Tax Treatment of the Mining Sector: An IMF Perspective Emil M. Sunley and Thomas Baunsgaard1 This session of the workshop addresses the question of whether the development of the mining sector requires a sector specific taxation regime. The simple answer is "Yes." The government, as resource owner, has a valuable asset in the ground.

Get price
Fiscal Decentralization and Mining Taxation

Fiscal Decentralization and Mining Taxation

decentralization debate, examines whether there are reasons the mining industry should be treated differently from other taxed sectors with regard to tax decentralization policy, and looks at a variety of tax types and incentives commenting on each from a tax decentralization perspective. 2. The Historical Basis of

Get price
Battle of the taxes: Who comes out on top? Australia and

Battle of the taxes: Who comes out on top? Australia and

Australia''s tax regime, to the four African tax regimes to see what impacts they have on investment and growth in the respective countries. We also analyse the potential factors that could benefit both governments and the private sector in Australia and Africa alike, to provide continued growth and opportunity for the global mining industry.

Get price
Mining KPMG Global

Mining KPMG Global

The mining industry continues to deliver the critical materials that our world needs, confronting its challenges and embracing the real opportunities that technology and data are bringing to mineral assets across the world. With volatile commodity prices, global growth headwinds and heightened expectations on making the sector more sustainable

Get price
Regulation Spanish mining: Taxation and regulation

Regulation Spanish mining: Taxation and regulation

can be applied for tax purposes during the first 10 years of a project''s life. Spanish mining: Taxation and regulation Vasili Nicoletopolous* looks at how the regulatory environment is helping to extend Spain''s proud mining tradition Table 1: Main tax types* In rem taxes In personam taxes Royalty unit based and value based Corporate income tax

Get price
Colombia Mining and metals tax guide May 2017

Colombia Mining and metals tax guide May 2017

The fiscal regime that applies to the mining industry in Colombia consists of a combination of corporate income tax (CIT) and royaltybased taxation. Income tax rate Corporate is 34% for 2017 and 33% for 2018 onward. CIT surtax is 6% for 2017 and 4% for 2018. Free trade zone is 20%.

Get price
Mining KPMG South Africa

Mining KPMG South Africa

KPMG''s Mining team in South Africa is at the forefront of providing assistance to clients in the mining sector. For example, we have recently provided tax assistance on one of the largest transactions in the coal industry. With mining being one of the most important industries in South Africa, it is faced with challenging and complex landscape.

Get price
The Tax Treatment of the Mining Sector: An IMF Perspective

The Tax Treatment of the Mining Sector: An IMF Perspective

The Tax Treatment of the Mining Sector: An IMF Perspective Emil M. Sunley and Thomas Baunsgaard1 This session of the workshop addresses the question of whether the development of the mining sector requires a sector specific taxation regime. The simple answer is "Yes." The government, as resource owner, has a valuable asset in the ground.

Get price
Mining taxes

Mining taxes

Mining taxes The case of Oyu Tolgoi and profitable tax avoidance by Rio Tinto in Mongolia January 2018 Oyu Tolgoi Watch Ulaanbaatar, 46A Mongolia T: 97698905828 Oyu Tolgoi Watch is a nonprofit, non governmental organization established in 2009 to monitor Oyu Tolgoi project''s compliance with the international environ

Get price
Mining tax PwC

Mining tax PwC

Mining forms one of the leading industries in South Africa, playing a vital role in the economy. Due to the complexity of the South African tax laws and the impact thereof on the industry, its is necessary to have a thorough understanding of not only the tax legislation, but also the specific needs of the South African mining industry.

Get price
Fiscal Decentralization and Mining Taxation

Fiscal Decentralization and Mining Taxation

decentralization debate, examines whether there are reasons the mining industry should be treated differently from other taxed sectors with regard to tax decentralization policy, and looks at a variety of tax types and incentives commenting on each from a tax decentralization perspective. 2. The Historical Basis of

Get price
Mining Saudi Arabia For Australian exporters Austrade

Mining Saudi Arabia For Australian exporters Austrade

Austrade''s mining to Saudi Arabia industry country profile provides Australian exporters with information such as trends and opportunities, tariffs and regulations, basic marketing advice and also includes useful links and industry contacts.

Get price