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Tanzania’s Mining Fiscal Regime: H2 2015

  • September 2015
  • -
  • GlobalData
  • -
  • 16 pages

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Tanzania’s Mining Fiscal Regime: H2 2015

Summary

Tanzania has metallic mineral deposits of gold and silver, as well as gemstones such as diamonds, tanzanite, ruby, garnet and emerald. GlobalData's fiscal regime report covers Tanzanian mining industry which is governed by the Ministry of Energy and Minerals and Geological Survey of Tanzania. The Mining Act 2010 is the main law regulating the prospecting of minerals, mining, processing and dealing in minerals, the granting, renewal and termination of mineral rights, payment of royalties, fees and other charges and any other relevant matters.

Scope

- The report outlines the governing bodies, governing law, mining rights and key fiscal terms which includes royalty, corporate income tax, depreciation, loss carry forward, withholding taxes and value added tax (VAT)

Reasons to buy

- To gain an overview of Tanzania’s mining fiscal regime

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