Global Mining Fiscal Regime 2017 – A Focus on Major Taxes and Royalties in Selected Countries

2017-08-10
Price :
Published : Aug-2017
No. of Pages : 44

Global Mining Fiscal Regime 2017 – A Focus on Major Taxes and Royalties in Selected Countries

Summary

Efficient administration and implementation of governing laws and regulations establishes compelling mining contribution from companies’ functioning in the global mining industry. Thus, countries have relatively well-organized government bodies, agencies and other relevant organizations governing their respective mining industries and maintaining competitiveness in the global market.

Mining accounts for a significant part of government revenues, which takes diverse forms, including corporate income taxes (CIT), value added tax (VAT), withholding tax, and royalties among many other country specific taxes, and payments. This report focuses on taxes and royalties levied in selected countries by giving a broad comparison.
Countries such as Germany, Kazakhstan, Russia, the UK and Ukraine have lowest CIT rates (less than or equal to 20%), whereas, Chile, China, Ghana, Indonesia, Peru, and South Africa have moderate CIT (20% -30%). Argentina, Australia, Brazil, the Democratic Republic of Congo (DRC), India, Mexico, Philippines, and Tanzania have the highest CIT (greater or equal to 30%). There is a standard 38% federal CIT rate in Canada while the Canadian provinces and territories have a CIT rates in lower and a higher brackets. In the US, the CIT varies from state to state in the range of 3%-9.99%.

Royalty rate vastly differs from country to country. For Instance, Australia royalties are different in each state and territory and varies from commodity to commodity. In Brazil, India, and Indonesia, the royalties are broadly commodity wise. In the US and Canada, it differs in each state and province.

The report “Global Mining Fiscal Regime 2017 – A Focus on Major Taxes and Royalties in Selected Countries” provides top governing bodies, their primary laws and regulations for selected countries split across the regions of Asia-Pacific, Europe, Former Soviet Union, Middle East and Africa, North America, Oceania and South and Central America. Additionally, this report sets out in detail the contractual framework under which firms must operate in the industry and clearly outlines the governing bodies, governing laws and regulations and tax-related information on different commodities including coal, iron ore, copper, zinc, lead, bauxite, gold, silver, nickel, chromium and manganese.

Scope

- Detail on legal framework and governing bodies administering the industry
- Overview of governing bodies, laws and regulations and key fiscal terms governing the global mining industry
- Detail on royalty and applicable tax rates including – corporate income tax, value added tax and withholding tax

Reasons to buy

- Gain an overview of global mining fiscal regime
- Gain an overview of the most prominent mining taxes and royalties applicable in key mining countries.
- Understand the complex regulations and contractual requirements applicable to mining industry.
- Understand the regulatory and taxation framework in global mining industry

Filed in: Energy & Power
Publisher : GlobalData
More Reports
Title Price Buy Now

Biopower in United States, Market Outlook to 2030, Update 2017 – Capacity, Generation, Levelized Cost of Energy (LCOE), Investment Trends, Regulations and Company Profiles

Biopower in United States, Market Outlook to 2030, Update 2017 - Capacity, Generation, Levelized Cost of Energy (LCOE), Investment Trends, Regulations and Company Profiles Summary "Biopower in United States, Market Outlook to 2030, Update 2017 - Capacity, Generation, Levelized Cost of Energy (LCOE), Investment Trends, Regulations and Company Profiles", is the latest report from GlobalData, the industry analysis specialists that offer comprehensive information and understanding of the Biopower market in United States. The report provides an in-depth analysis on global renewable power market and global Biopower market with forecasts up to 2030. The report analyzes the power market scenario in United States (includes conventional Hydro, nuclear and renewable energy sources) and provi......
$2500

Hydropower (Large, Small and Pumped Storage) in United States, Market Outlook to 2030, Update 2017 – Capacity, Generation, Regulations and Company Profiles

Hydropower (Large, Small and Pumped Storage) in United States, Market Outlook to 2030, Update 2017 - Capacity, Generation, Regulations and Company Profiles Summary "Hydropower (Large, Small and Pumped Storage) in United States, Market Outlook to 2030, Update 2017 - Capacity, Generation, Regulations and Company Profiles", is the latest report from GlobalData, the industry analysis specialists that offer comprehensive information and understanding of the hydropower market in United States. The report provides in depth analysis on global renewable power market and global hydropower market with forecasts up to 2030. The report analyzes the power market scenario in United States (includes conventional thermal, nuclear, large hydro and renewable energy sources) and provides future outlo......
$2500

Geothermal Power in United States, Market Outlook to 2030, Update 2017 – Capacity, Generation, Power Plants, Regulations and Company Profiles

Geothermal Power in United States, Market Outlook to 2030, Update 2017 - Capacity, Generation, Power Plants, Regulations and Company Profiles Summary "Geothermal Power in United States, Market Outlook to 2030, Update 2017 - Capacity, Generation, Power Plants, Regulations and Company Profiles", is the latest report from GlobalData, the industry analysis specialists that offer comprehensive information and understanding of the Geothermal market in United States. The report provides an in-depth analysis on global renewable power market and global Geothermal market with forecasts up to 2030. The report analyzes the power market scenario in United States (includes conventional Hydro, nuclear and renewable energy sources) and provides future outlook with forecasts up to 2030. The resear......
$2500

Wind Power in United States, Market Outlook to 2030, Update 2017 – Capacity, Generation, Levelized Cost of Energy (LCOE), Investment Trends, Regulations and Company Profiles

Wind Power in United States, Market Outlook to 2030, Update 2017 - Capacity, Generation, Levelized Cost of Energy (LCOE), Investment Trends, Regulations and Company Profiles Summary "Wind Power in United States, Market Outlook to 2030, Update 2017 - Capacity, Generation, Levelized Cost of Energy (LCOE), Investment Trends, Regulations and Company Profiles", is the latest report from GlobalData, the industry analysis specialists that offer comprehensive information and understanding of the wind power market in United States. The report provides in depth analysis on global renewable power market and global wind power market with forecasts up to 2030. The report analyzes the power market scenario in United States (includes conventional thermal, nuclear, large hydro and renewable energ......
$2500

Solar Photovoltaic (PV) in United States, Market Outlook to 2030, Update 2017 – Capacity, Generation, Levelized Cost of Energy (LCOE), Investment Trends, Regulations and Company Profiles

Solar Photovoltaic (PV) in United States, Market Outlook to 2030, Update 2017 - Capacity, Generation, Levelized Cost of Energy (LCOE), Investment Trends, Regulations and Company Profiles Summary "Solar Photovoltaic (PV) in United States, Market Outlook to 2030, Update 2017 - Capacity, Generation, Levelized Cost of Energy (LCOE), Investment Trends, Regulations and Company Profiles" is the latest report from GlobalData, the industry analysis specialists that offer comprehensive information and understanding of the Solar Photovoltaic (PV) market in United States. The report provides in depth analysis on global renewable power market and global Solar Photovoltaic (PV) market with forecasts up to 2030. The report analyzes the power market scenario in United States (includes conventiona......
$2500

Steam Turbines, Update 2017 – Global Market Size, Competitive Landscape, Key Country Analysis and Forecast to 2021

Steam Turbines, Update 2017 - Global Market Size, Competitive Landscape, Key Country Analysis and Forecast to 2021 Summary Global steam turbine market registered a market value of US$13.29 Billion in the year 2016. The Asia-Pacific region was the largest market for steam turbines during the year 2016 registering close to 79.2% of the global market share. Europe, Middle East, and Africa (EMEA) was the second-largest market, representing 15.1%, followed by the Americas with 5.8%. Key drivers in the global steam turbine market include governments' mandated use of clean coal technologies for new coal-fired power plants, increased demand for combined-cycle gas turbine (CCGT) plants, cheap coal prices, and supportive policies in a few countries for coal-fired power plants. During the fo......
$3995

China Midstream Oil and Gas Industry Outlook to 2022 – Market Forecasts for Liquefied Natural Gas (LNG), Oil Storage, Pipelines, Underground Gas Storage and Gas Processing

China Midstream Oil and Gas Industry Outlook to 2022 - Market Forecasts for Liquefied Natural Gas (LNG), Oil Storage, Pipelines, Underground Gas Storage and Gas Processing Summary "China Midstream Oil and Gas Industry Outlook to 2022 - Market Forecasts for Liquefied Natural Gas (LNG), Oil Storage, Pipelines, Underground Gas Storage and Gas Processing", is a comprehensive report on midstream oil and gas industry in China. The report provides details such as name, type, operational status and operator for all active and planned (new build) LNG terminals, oil storage terminals, major trunk pipelines, underground gas storage sites and gas processing plants in China till 2022. Further, the report also offers recent developments, financial deals as well as latest contracts awarded in the c......
$1500

Pakistan Midstream Oil and Gas Industry Outlook to 2022 – Market Forecasts for Liquefied Natural Gas (LNG), Oil Storage, Pipelines and Gas Processing

Pakistan Midstream Oil and Gas Industry Outlook to 2022 - Market Forecasts for Liquefied Natural Gas (LNG), Oil Storage, Pipelines and Gas Processing Summary "Pakistan Midstream Oil and Gas Industry Outlook to 2022 - Market Forecasts for Liquefied Natural Gas (LNG), Oil Storage, Pipelines and Gas Processing", is a comprehensive report on midstream oil and gas industry in Pakistan. The report provides details such as name, type, operational status and operator for all active and planned (new build) LNG terminals, oil storage terminals, major trunk pipelines and gas processing plants in Pakistan till 2022. Further, the report also offers recent developments, financial deals as well as latest contracts awarded in the country's midstream sector. Scope - Updated information related ......
$1500

Singapore Midstream Oil and Gas Industry Outlook to 2022 – Market Forecasts for Liquefied Natural Gas (LNG) and Oil Storage

Singapore Midstream Oil and Gas Industry Outlook to 2022 - Market Forecasts for Liquefied Natural Gas (LNG) and Oil Storage Summary "Singapore Midstream Oil and Gas Industry Outlook to 2022 - Market Forecasts for Liquefied Natural Gas (LNG) and Oil Storage", is a comprehensive report on midstream oil and gas industry in Singapore. The report provides details such as name, type, operational status and operator for all active and planned (new build) LNG terminals and oil storage terminals in Singapore till 2022. Further, the report also offers recent developments and contracts awarded in the country's midstream sector. Scope - Updated information related to all active and planned LNG terminals and oil storage terminals in the country, including operator and equity details - Key ......
$1500

Chile Midstream Oil and Gas Industry Outlook to 2022 – Market Forecasts for Liquefied Natural Gas (LNG), Oil Storage, Pipelines and Gas Processing

Chile Midstream Oil and Gas Industry Outlook to 2022 - Market Forecasts for Liquefied Natural Gas (LNG), Oil Storage, Pipelines and Gas Processing Summary "Chile Midstream Oil and Gas Industry Outlook to 2022 - Market Forecasts for Liquefied Natural Gas (LNG), Oil Storage, Pipelines and Gas Processing", is a comprehensive report on midstream oil and gas industry in Chile. The report provides details such as name, type, operational status and operator for all active and planned (new build) LNG terminals, oil storage terminals, major trunk pipelines and gas processing plants in Chile till 2022. Further, the report also offers recent developments, financial deals as well as latest contracts awarded in the country's midstream sector. Scope - Updated information related to all activ......
$1500