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Colombia’s Mining Fiscal Regime: H2 2015

  • September 2015
  • 14 pages
  • GlobalData
Report ID: 2371536

Summary

Table of Contents

Colombia’s Mining Fiscal Regime: H2 2015

Summary

The Ministry of Mines and Energy regulates mining activity in accordance with laws issued by the government. GlobalData's fiscal regime report covers Colombia where the Mining Code (Law 685), issued in 2001, is the main law for the mining industry . Its main objective is to promote the public interest regarding the technical exploration and exploitation of mineral resources, both of state and private property.

Scope

- The report outlines the governing bodies, governing law, mining concessions and key fiscal terms which includes royalty, surface fee, corporate income tax, capital gains tax, corporate income tax for equality, depreciation, loss carry forward and value added tax (VAT)

Reasons to buy

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

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