A Primeron Mineral Taxation

September 1, 2001

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Format: Chicago

Thomas Baunsgaard. A Primeron Mineral Taxation, (USA: International Monetary Fund, 2001) accessed December 21, 2024

Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary

The paper discusses options available to tax mineral extraction projects particularly in developing countries. A desirable government share of the economic rent generated from mineral extraction can be achieved through different tax and non-tax instruments. This gives some room to design a fiscal regime that will be attractive to investors while providing the government with a fair share of the economic rent. However, achieving this will require a careful assessment of the appropriate distribution of risk and reward between the investor and the government. Moreover, there is growing pressure on countries to provide increasingly lenient fiscal terms so as to remain competitive as global investment destinations.

Subject: Corporate income tax, Environment, Income and capital gains taxes, Non-renewable resources, Production sharing, Resource rent tax, Taxes

Keywords: Cash flow, Corporate income tax, Developing countries, Economic rent, Import duty, Income and capital gains taxes, Middle East, Mineral extraction, Mineral tax, Mining and petroleum, Non-renewable resources, Opportunity cost, Production sharing, Progressive tax, Resource rent tax, Supply price, Tax liability, Tax system, Taxation, Transfer pricing, WP

Publication Details

Pages:

35
Volume:

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DOI:

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Issue:

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Series:

Working Paper No. 2001/139
Stock No:

WPIEA1392001
ISBN:

9781451856040
ISSN:

1018-5941

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