Read e-book online Mining Royalties: A Global Study of Their Impact on PDF

By James Otto, Craig B. Andrews, Fred Cawood, Michael Doggett, Pietro Guj, Frank Stermole, John Stermole, John Tilton

ISBN-10: 0821365029

ISBN-13: 9780821365021

This booklet features a wealth of data and research in relation to mineral royalties. basic details contains royalty laws from over 40 countries. research is finished and addresses problems with significance to diversified stakeholders together with executive policymakers, tax directors, society, neighborhood groups and mining businesses. wide footnotes and citations supply a beneficial source for researchers.

Show description

Read or Download Mining Royalties: A Global Study of Their Impact on Investors, Government, And Civil Society (Directions in Development) PDF

Best energy & mining books

Mining Royalties: A Global Study of Their Impact on - download pdf or read online

This ebook includes a wealth of data and research with regards to mineral royalties. basic info comprises royalty laws from over 40 countries. research is complete and addresses problems with significance to diversified stakeholders together with executive policymakers, tax directors, society, neighborhood groups and mining businesses.

Surface Production Operations, Volume 1, Third Edition: by Maurice Stewart PDF

The newest variation of this best-selling name is up-to-date and multiplied for less complicated use through engineers. New to this variation is a piece at the basics of floor creation operations taking on subject matters from the oilfield as initially deliberate by way of the authors within the first variation. this data is important and endemic to construction and technique engineers.

Get Drilling Fluids Processing Handbook PDF

The one source on hand to the drilling and petroleum engineer on drilling fluids processing.

James G. Speight's Introduction to Enhanced Recovery Methods for Heavy Oil and PDF

Creation to better restoration equipment for Heavy Oil and Tar Sands, moment version, explores the significance of more suitable oil restoration (EOR) and the way it has grown in recent times due to the elevated have to find unconventional assets comparable to heavy oil and shale. regrettably, petroleum engineers and bosses should not continually well-versed within the enhancement equipment which are on hand while wanted or the main economically plausible method to maximize their reservoir’s productiveness.

Extra info for Mining Royalties: A Global Study of Their Impact on Investors, Government, And Civil Society (Directions in Development)

Example text

Mines A through F will be earning rent, whereas mine G will just be covering its production costs. Economic rents of the type just discussed are widely considered an appropriate target for taxation for two reasons. First, most taxes distort the economy and diminish its efficiency. An income tax on wages, for example, shifts the supply curve of labor downward. As a result, society consumes less output and more leisure than in the absence of such a tax. Taxing economic rent, however, does not affect the availability of labor, capital, and other factors of production, and so is free of such distortions.

Assessing the appropriateness of costs, such as management fees paid to parent companies and other nonmarket transactions, is difficult, and companies that invest time and resources in efforts to reduce and avoid taxes may receive good returns. Specificity or uniformity Another policy issue concerns the specificity of the tax code. For tax purposes, many countries consider the mining and the mineral sector special. This is in part because, for some countries, this sector plays a dominant role in the economy, accounting for a large share of all government revenues and foreign exchange earnings.

Enter into a negotiated agreement with the company and include special tax provisions that supplant the general tax law in whole or in part. A company may enjoy special tax treatment for one operation but may have ongoing exploration that may lead to other operations. • Apply ring-fencing principles (accounts from the mine may not be mixed with accounts for activities outside the mine). Source: Otto 2004. 18 Mining Royalties receives at least some compensation for the transferred property right.

Download PDF sample

Mining Royalties: A Global Study of Their Impact on Investors, Government, And Civil Society (Directions in Development) by James Otto, Craig B. Andrews, Fred Cawood, Michael Doggett, Pietro Guj, Frank Stermole, John Stermole, John Tilton


by Donald
4.3

Rated 4.49 of 5 – based on 24 votes