mining royalty rates in timor leste

Withholding Tax | Timor-Leste Ministry of FinanceThe types of income and rates of tax applicable to residents of Timor-Leste and Timor-Leste permanent . Income from mining and mining support services, 4.5%.mining royalty rates in timor leste,Taxation | Timor-Leste Ministry of FinanceThe National Directorate of Petroleum and Mineral Revenues is responsible for administering . Tax Rates Import Duty and Sales Tax applies to imported goods.

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mining royalty rates in timor leste

A new mining code for Timor-Leste - Mining Journal

Aug 23, 2016 . The Timor-Leste Mining Code clarifies, in line with the country's . According to sources in the government, the rate of the royalty may range.

mining royalty rates in timor leste,

Oil and gas taxation in Timor-Leste - Deloitte

The principal Timor-Leste taxes and rates applicable to contractors in the petroleum . The branch profits tax rate of 20% is reduced to 15% where the company is a resident of either Australia or ... the oil and gas and mining industries;.


Jul 6, 2012 . Timor Leste . . provide a quick and easy reference guide to the mining industry in the Asia .. income tax rate of 30% instead of the rate of 20%.


Dec 1, 2009 . tax and the rate at which it is withheld are listed in the table below. . income from mining and mining support services. 4.5 % . royalties to a resident person or a Timor Leste permanent establishment of a non-resident person.

mining royalty rates in timor leste,

Corporate income taxes, mining royalties and other mining . - PwC

June 2012. Corporate income taxes, mining royalties and other mining taxes. A summary of rates and rules in selected countries .pwc/gx/mining.

mining royalty rates in timor leste,

Revenue Sharing in Mining - Scientific Research Publishing

Aug 9, 2013 . Keywords: Mining; Revenue Sharing; Royalty; Natural Resources .. Item. Rate. Collecting Agency. Royalty. 5% (for sites within mining reservation areas) .. Timor. Leste. Timor-Leste. Petroleum. Fund. 2005. 8.3. Stabilization.

Timor-Leste | Extractive Industries Transparency Initiative

Timor-Leste's revenues are currently under pressure by low oil prices, but the impact on . The tax regime applicable to petroleum activities depend on the jurisdiction area, but profit . The government is currently working on a Mineral Policy.

mining royalty rates in timor leste,

Exploring Timor-Leste - Minerals Potential - PECC

The natural and mineral resources, with which Timor-Leste is endowed are . The major metallic minerals in Timor-Leste are gold, copper, silver, ... for a successful applicant to secure the right to conduct exploration and mining activities. Tax.

Presentation - IMF

Aug 13, 2015 . Mining - Tax & Royalty; PSC uncommon . X Income Tax Rate .. price formulae are established in upstream contract: Egypt PSC, Timor-Leste.

mining royalty rates in timor leste,

Presentation - IMF

Case study: Analysis of a new mine development project in Fiji. (2002) submitted to the . Exchange rate F$1.00=US$0.65 (2002) → US$0.56 (2012) . Royalties. F/S table, Total F$ 41M. 1% Net Profit or F$1M. (greater of). Income Taxes.

Natural Resources in g7+ Countries

g7+ Secretariat, Dili, Timor-Leste . has led g7+ countries to conclude poor mining and other resource .. have been known to negotiate very low royalty rates.

diaeiia20097a7_en - unctad

mining royalties and tax rates and curtailed the provision of tax holidays.1 These changes ... regime that is progressive is that of Timor-Leste. In this case, the.

mining royalty rates in timor leste,

Governance of Extractive Industries in Southeast Asia - eiwatch

and mineral sector as a means to avoid the so called “resource curse” where countries rich in natural . Timor Leste, and Myanmar via a case study approach. ... royalty rate has some benefits, some guidelines limiting the extent to which they.

mining royalty rates in timor leste,

Mining in Afghanistan - Wikipedia

Mining in Afghanistan is controlled by the Ministry of Mines and Petroleum, which is .. The Law also gives the mineral royalty rates, which range from 5% of gross revenue for industrial minerals to up to 10% for gemstones. ... Brunei · Cambodia · China · Cyprus · East Timor (Timor-Leste) · Egypt · Georgia · India · Indonesia.

Issue Brief Transparency of Extractive Industry Contracts - Bank .

Agreement (PSA) in the hydrocarbons sector and the Mining Development Agreement in the . royalty rates on individual oil and gas projects (Bugala, 2006). .. and Timor-Leste, have published all or a majority of their oil and gas deals.

Managing manna from below: sovereign wealth funds and extractive .

Timor–Leste, on the other hand, is already receiving significant revenue from oil and gas . Compounding this, input prices rise as resource companies and the .. The Fund received revenue from phosphate mining royalties until phosphate.

What Do the Numbers Say? Analyzing Report Data - Natural .

mation is all the more important because petroleum and mining data is often difficult or expensive .. Equatorial Guinea and Timor-Leste top the list: both are very small, poor ... This reflects the country's high tax rates and the absence of.

East Timor facts, information, pictures | Encyclopedia articles .

Get information, facts, and pictures about East Timor at Encyclopedia. . MINING ENERGY AND POWER INDUSTRY SCIENCE AND TECHNOLOGY ... The standard income tax rates for resident companies and individuals are 10% on.

mining royalty rates in timor leste,

East Timor's Nobel laureate asks Australia to . - Australian Mining

Oct 28, 2016 . East Timor's Nobel laureate asks Australia to show 'fair go' over oil . inject by pe77ow · Panoramic Resources on track to extend Savannah mine life . drive digital transformation Mine companies could cost WA Govt $2.4 billion → . Australia must catch up with Papua New Guinea on how we tax gas.

mining royalty rates in timor leste,

mining jobs | Australian Mining

According to a leaked Queensland Government report, tax payers will be forced to pay $3.2 . East Timor's Nobel laureate asks Australia to show 'fair go' over oil . A new study from Flinders University has put the cost of Arrium Whyalla factory.

Ghana's 'new path' for handling oil revenue | Africa Renewal Online

Besides, Ghana's own record in managing mineral revenues after a hundred years . Timor- Leste and Trinidad and Tobago, which have developed laws to better . tax law in computing mining royalties meant that firms paid the lowest rate for.

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