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Australia’s Mining Fiscal Regime: H2 2015

  • October 2015
  • -
  • GlobalData
  • -
  • 21 pages

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Synopsis
Timetric’s Australian fiscal regime report outlines the governing bodies, governing laws, licenses, rights and obligations and tax-related information on 11 commodities: coal, iron ore, copper, zinc, lead, bauxite, gold, silver, nickel, chromium, and manganese

Summary
Timetric's fiscal regime report covers Australia which has abundant and diverse natural resources, including extensive reserves of coal, iron ore, copper, gold, natural gas and uranium.

Scope
The report outlines governing bodies, governing laws, licenses, rights and obligations and key fiscal terms which includes royalty, minerals resource rent tax, corporate income tax, capital gains, deductions, withholding tax, loss carry forward, goods and services tax

Reasons To Buy
To gain an overview of Australia’s mining fiscal regime

Key Highlights
- The Minerals Council of Australia represents the country in both national and international markets for the exploration, mining and processing of minerals.

- Department of Industry and Science aims to enable productivity and growth.

- The Offshore Minerals Act 1994 (Act No. 28 of 1994 as amended) is the legislative framework that establishes a regulatory regime for the exploration and production of minerals in Commonwealth waters.

- The Mining Act 1992 No. 29 is the legislative law regulating the mining industry in New South Wales.

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