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tax law and corporate law relating to mining and mineral resources

  • Mining Activities in Lao PDR

    2017-11-19 · 1997 - First Mining Law enacted 2006 - Mining Law revised and changed from Mining Law to Minerals Law, enacted in 8/12/2008 April 2011 - Draft of Implementing Decree on Minerals Law approved by Government meeting August 2011 - Government declared to set up the new Ministry of Natural Resources and Environment (MONRE) and

  • Mining Comparative Guide

    2021-1-19 · According to the Mining Code, tax benefits (incentives) may be granted to any exploration or mining enterprise or company that carries out operations in compliance with the law in force. Before commencing operations, the holders of mining titles must present a list of each activity phase, which must be strictly limited to the various categories.

  • Mining Tax Recommendations | Tax Services | Deloitte ...

    2021-11-21 · The Davis Tax Committee (DTC) recently released its first interim report on mining for the Minister of Finance and has called on the public to provide comments on their recommendations. This article provide a summary of the tax-related proposals, as contained in the first interim report. The DTC was established as a result of the policy ...

  • The Taxation of Petroleum and Minerals: Principles ...

    2018-4-18 · 5.1 World exports for selected mineral commodities, 2006 123 5.2 Mining corporate income tax rates 128 5.3 Fiscal instruments 130 5.4 Key results for illustrative resource projects 146–147 5.5 Summary of mineral taxation in selected developed countries 150–153 5.6 Summary of mineral taxation in selected other countries 154–159

  • Mining Comparative Guide

    2009-2-9 · AN ACT to revise and consolidate the law relating to minerals and mining and to provide for connected purposes. DATE OF ASSENT: 22nd March, 2006 ENACTED by the President and Parliament: Ownership of minerals and cadastral system Minerals property of Republic 1. Every mineral in its natural state in, under or upon land in Ghana, rivers, streams,

  • Legislation, regulations and guidelines | Australia Minerals

    2021-9-1 · The Australian Taxation Office (ATO) has a considerable amount of related material available. Minerals specific taxation. The state and Northern Territory governments collect royalties on mineral production in return for granting the right to private businesses to exploit mineral resources within their jurisdictions.

  • Taxation | Minerals Council of Australia

    Australia''s minerals industry paid record taxes and royalties to federal, state and territory governments in 2019-20 even as the COVID-19 pandemic started to adversely impact on the economy. Research by Deloitte Access Economics reveals that Australian mining companies paid a record $24.1 billion in company tax in 2019-20.

  • Mining Law 2022 | Laws and Regulations | United Kingdom …

    2021-9-13 · ICLG - Mining Laws and Regulations - United Kingdom covers common issues in mining laws and regulations – including the acquisition of rights, ownership requirements and restrictions, processing, transfer and encumbrance, environmental aspects, native title and land rights – in 15 jurisdictions. Published: 13/09/2021.

  • Cliffe Dekker Hofmeyr

    2021-11-23 · Advised Atlatsa Resources Corporation on its transactions with Anglo American Platinum relating to mineral asset sales, share and debt restructuring, share subscriptions, debt reduction structuring, company law, exchange control, …


    2014-1-11 · MINING LAwS In Angola, the state owns minerals, as provided for in the country''s Constitution. In 2010, with a renewed focus on investment and growth, the Government proposed new mining laws. In July 2011 a new Mining Code was passed. The Mining Code regulates exploration, discovery, exploitation of mineral resources and associated rights


    2019-8-5 · accordance with international law and in which the laws relating to Chinese tax are in force; (b) the term "United States of America", when used in a geographical sense, means all the territory of the United States of America, including its territorial sea, in which the laws relating to United States tax are in force,

  • Minerals and Mining Act, 2006

    2009-2-9 · AN ACT to revise and consolidate the law relating to minerals and mining and to provide for connected purposes. DATE OF ASSENT: 22nd March, 2006 ENACTED by the President and Parliament: Ownership of minerals and cadastral system Minerals property of Republic 1. Every mineral in its natural state in, under or upon land in Ghana, rivers, streams,

  • Mining duties, royalties and taxes in Ghana

    2019-7-4 · A 10 per cent windfall tax levy on mining companies was announced in 2012, but is yet to be passed into law. The royalties'' payments are …

  • South Africa Mining and Petroleum Royalties

    2016-9-21 · refined and unrefined mineral resources and use two variables to calculate the royalty liability: the value of the minerals (the tax base) and a royalty percentage rate (calculated in a prescribed manner) which is applied to the base. Royalties are capped and cannot exceed 5% for refined mineral resources and 7% for unrefined mineral resources.

  • State of Mining in Africa In the spotlight

    2021-11-21 · application of established civil and tax law, caused by a natural societal tendency to pursue ... and the mining company having . a strong track record of maintaining a mutually ... Minerals and Mining Act 2006 (Act 703). Every mineral in its natural state in, under or upon ...

  • Mining Act legislation

    The Mining Act 1978 outlines the law as it relates to mining, and for incidental and other purposes. Until recently the Mining Act has applied to the land area of the Western Australia and, by arrangement with the Commonwealth, the first three nautical miles of the territorial sea from the baseline. The baseline is a nominated line that ...

  • Taxation

    2021-11-24 · Taxation. The Lands and Minerals Sector (LMS) of Natural Resources Canada (NRCan) helps people understand the tax instruments and policies that are relevant to the minerals and metals industries. The sector also: Provides technical knowledge and advice to government, industry and investors nationally and internationally.


    2010-3-18 · Company Law. Public Corporations Act, 1976. Labor Law. Labour Act 1997 Labour Act 1997 The 1997 Labour Code. Mining Law. The Mineral Resources and Mining Development Act,2007 The Mines and Quarries Act The Mining and Quarries Regulation, 1973. Tax Law. Customs Act, 1986 Stamp Duty ACT Schedule June 2002 The Income Tax Act, 1986 Value …

  • Mining Tax

    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 …

  • Cline: Will Maine''s anti-mining laws keep needed minerals ...

    2021-11-26 · A years-long fight over a proposed copper and zinc mine in Maine led the state legislature to pass in 2017 what activists bragged was the toughest anti-mining law in the country. The law banned ...


    2008-11-12 · and owning mineral enterprises.1 Many of the 16 countries identified by the Bank to be given priority for exploration and private mining investment were from sub-Saharan Africa, obviously because the region is an important supplier of a variety of minerals to the world. It accounts for about 8 % of world mine production.

  • Taxation of mining companies in ghana

    The Mineral and Mining Act provides for personal remittance quota for expatriate personnel free from tax imposed by an enactment regulating the transfer of money out of the country. The Mineral and Mining Act provides for immigration quota in respect of the approved number of expatriate personnel. 9. 0 Offences and Penalties

  • Peru Mining Country Guide

    2021-10-21 · The Mining industry in Peru is primarily regulated by mining laws and regulations enacted by Peruvian Congress and the Executive branch of the government. The General Mining Law was approved in 1992 and regulates nine different mining activities. MINEM is the principal central government body in Peru with the authority to regulate mining activities

  • Tax Incentives in Mining: Minimising Risks to Revenue

    2021-4-25 · v TAX INCENTIVES IN MINING: MINIMISING RISKS TO REVENUE Acronyms and Abbreviations APA Advance Pricing Agreement BEPS base erosion and profit shifting DTA Double Taxation Agreements EDB Economic Development Board EPZ export processing zones IGF Intergovernmental Forum on Mining, Minerals, Metals and Sustainable Development IRR …

  • The Mines and Minerals Act, 2015

    2021-3-31 · 67. Transfer of control of company 68. Alteration of exploration or mining area 69. Mergers or coordination of mining operations 70. Abandonment of land subject to mining or non-mining right 71. Surrender of mining right or mineral processing licence 72. Suspension or revocation of mining right or mineral processing licence 73.

  • Corporate income taxes, mining royalties and other …

    2015-6-3 · PwC Corporate income taxes, mining royalties and other mining taxes—2012 update 2 During the gathering and preparation of the per country tables, there were a few general trends with respect to taxation of mining operations. Several countries have enacted new tax laws or have tax proposals being considered that may

  • Mining duties, royalties and taxes in Myanmar

    2019-7-4 · The holder of a mineral production permit must pay royalties to the government according to the Myanmar Mining Law. The rates are as follows. ... and minerals. Income tax. ... relating to the ...


    2017-8-10 · mining industry reflect that: "for existing business where government does not have 51%ownership, compliance with the Indigenization and Economic Policy should be through ensuring that the local content retained in Zimbabwe by such business is not less than 75% of gross value of the exploited resources.

  • Mining Law 2022 | Laws and Regulations | Philippines | ICLG

    2021-9-13 · The main mining legislation is the Philippine Mining Act of 1995, Republic Act (RA) No. 7942 (Mining Act) and its Implementing Rules and Regulations (IRR), Department of Environment and Natural Resources (DENR) Administrative Order (AO) No. 21-10. The Mining Act governs large-scale exploration, development and utilisation of mineral resources.

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