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  5. > Guyana’s Mining Fiscal Regime: H2 2015

Guyana’s Mining Fiscal Regime: H2 2015

  • September 2015
  • -
  • GlobalData
  • -
  • 13 pages

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Guyana’s Mining Fiscal Regime: H2 2015

Summary

GlobalData's fiscal regime report covers Guyana which has long been known for its significant production of gold and diamonds. The country’s mining industry is governed by the Ministry of Natural Resources and Environment, and agencies working under it. The Guyana Geology and Mines Commission (GGMC) oversees the mining industry, and have implemented modern mining practices and codes of operation. The Mining Act No.20 of 1989 is the main regulating law for mining in the country.

Scope

- The report outlines the governing bodies, governing law, licenses, rights, obligations and key fiscal terms which includes royalty, corporate income tax, withholding tax, depreciation, capital gain tax, loss carry forward, mining sector incentive, consumption tax concession and value added tax (VAT)

Reasons to buy

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

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