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Turkey’s Mining Fiscal Regime: H2 2015

  • September 2015
  • -
  • Global Data
  • -
  • 16 pages

Turkey’s Mining Fiscal Regime: H2 2015

Summary

GlobalData's fiscal regime report covers Turkey which has a variety of mineral resources, including iron ore, copper, nickel, cobalt, and gold. The country’s mining industry is governed by the Ministry of Energy and Mineral Resources. Mining Law No. 3213 of 1985, amended by Law No. 5995 of June 2004, provides both local and foreign investors with a more investment-friendly environment.

Scope

- The report outlines the governing bodies, laws, licenses, rights, obligations, and key fiscal terms which includes royalty rates, corporate tax, loss carry forward, property tax, withholding tax, stamp duty, motor vehicle tax, depreciation

Reasons to buy

- Gain an overview of Turkey’s mining fiscal regime

Table Of Contents

Turkey’s Mining Fiscal Regime: H2 2015
1 Table of Contents
1 Executive Summary
2 The Turkish Mining Industry - Governing Bodies
2.1 Ministry of Energy and Natural Resources (MENR)
2.1.1 General Directorate of Mining Affairs (MIGEM)
3 The Turkish Mining Industry - Governing Law
4 The Turkish Mining Industry - Ownership and License Types
4.1 Ownership of Minerals
4.2 Mining License
4.3 Exploration License/Certificate
4.4 Operation License
4.5 Operation Permit
5 The Turkish Mining Industry - Rights and Obligations
5.1 Rights
5.1.1 Mining rights
5.1.2 Transfer of mining rights
5.1.3 Surface rights
5.1.4 Discovery rights
5.1.5 Rights of easement and usufruct expropriation
5.2 Obligations
5.2.1 Exploration and operation license
5.2.2 Operation permit
5.2.3 Mining areas
5.2.4 Production and dispatch
6 The Turkish Mining Industry - Key Fiscal Terms
6.1 Royalty Rates
6.2 Corporate Tax
6.3 Loss Carry Forward
6.4 Property Tax
6.5 Withholding Tax
6.6 Stamp Duty
6.7 Motor Vehicle Tax
6.8 Depreciation
7 Appendix
7.1 Abbreviations
7.2 Secondary Research
7.3 Primary Research
7.4 Contact GlobalData
7.5 About GlobalData
7.6 GlobalData's Services
7.7 Disclaimer

1.1 List of Tables
Table 1: The Mining Industry in Turkey - Fiscal Regime Terms and Other Taxes 2015
Table 2: The Mining Industry in Turkey - Withholding Tax Rates (%), 2015
Table 3: The Mining Industry in Turkey - Depreciation Tax Rates (%), 2015

1.2 List of Figures
Figure 1: The Mining Industry in Turkey - Commodity Mines at Different Stages (Number of Mines), 2015

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