Table of Contents
Timetric’s Chinese fiscal regime report outlines the governing bodies, laws, licenses, rights and obligations and tax-related information covering 11 main commodities: coal, iron ore, copper, zinc, bauxite, gold, silver, nickel, chromium, manganese and uranium
Timetric's fiscal regime report covers China, which has rich metallic and non-metallic mineral deposits of nearly all types of known mineral resources. Distribution varies from region to region, as disparity in geotectonic zones and mineralization conditions create vast differences in mineral type, reserve amount and quality.
The report outlines the governing bodies, laws, licenses, rights, obligations and key fiscal terms which includes royalty, resource tax, land appreciation tax, enterprise income tax, export tariff, vehicle and vessel usage tax, city maintenance and construction tax, stamp tax, loss carry forward, depreciation, withholding tax and value added tax (VAT)
Reasons To Buy
Gain an overview of China’s mining fiscal regime
- The State Council is the apex state administrative body which carries out laws enacted and decisions adopted by the National People’s Congress (NPC) and its Standing Committee.
- The Ministry of Land and Resources (MLR) is the main governing body for mining activities in China, and is responsible for the planning, administration, protection and optimum utilization of land, minerals and marine resources.
- The Mineral Resources Law (amended on August 29, 1996) is the main law regulating China’s mining industry.
- The Mineral Resources Law (revised and amended on August 29, 1998) was enacted for the purpose of strengthening land administration, protecting and developing land resources, making proper use of land for industries and mining.
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