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Kazakhstan’s Mining Fiscal Regime: H1 2016

  • March 2016
  • -
  • GlobalData
  • -
  • 16 pages

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Kazakhstan’s Mining Fiscal Regime: H1 2016

Summary

GlobalData's fiscal regime report covers Kazakhstan, which has significant fossil fuel reserves, and mineral and metal deposits. It produces a variety of mineral resources such as coal, uranium, lead, zinc, tungsten, molybdenum, borates, phosphorite, copper, potassium and cadmium.

The mining industry in Kazakhstan is governed by the Ministry of Industry and New Technology. The Law of Subsoil and Subsoil Use is the main regulating law for mining activities in the country.

Scope

- The report outlines governing bodies, governing laws, licenses, rights, obligations and key fiscal terms which includes upfront payments and taxes on subsurface usage, land tax, vehicle tax, deductions, depreciation, loss carry forward, withholding taxes and value added tax (VAT)

Reasons to buy

- Gain an overview of Kazakhstan’s mining fiscal regime.

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