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mining News

Western Australia Royalty Tax Hike To Impact GST Distribution

by Mary Swire,, Hong Kong

Wednesday, September 13, 2017

The Western Australian Government has confirmed that the introduction of a tiered royalty rate for gold will have a negative impact on the amount of GST revenue the state receives. Read Full Story


Australian Bankers Call For Tax Reform

by Mary Swire,, Hong Kong

Tuesday, September 5, 2017

The Australian Bankers' Association has criticized the current system for distributing goods and services tax revenue and called for a comprehensive review of the tax system. Read Full Story


Brazil Extends Repetro Tax Regime

by Glen Shapiro,, Washington

Wednesday, August 23, 2017

Brazil has extended concessionary tax arrangements for oil and natural gas exploration companies to 2040. Read Full Story


IMF Urges Botswana To Strengthen Tax Collection

by Robert Lee,, London

Wednesday, August 9, 2017

The Government of Botswana should seek to strengthen its revenue base amid volatile revenue flows from the diamond mining sector and the South African Customs Union, the International Monetary Fund has said. Read Full Story


Ireland Issues Guidance On Seeking MAP Assistance

by Jason Gorringe,, London

Tuesday, August 8, 2017

The Irish Revenue has published a new e-brief that explains the procedure through which taxpayers can request mutual agreement procedure assistance in Ireland, in cases where a company considers it has been subject to double tax. Read Full Story


ECJ Adviser Rules Against French Citizen's Exit Tax Challenge

by Ulrika Lomas,, Brussels

Thursday, August 3, 2017

An Advocate General to the European Court of Justice has opined that a French citizen cannot rely on the agreement between France and Switzerland on freedom of movement to avoid France's exit tax. Read Full Story


EU Car Makers Fear Tax Hike For New Cars

by Ulrika Lomas,, Brussels

Wednesday, August 2, 2017

European car manufacturers have called on governments to ensure that a new test for measuring vehicle emissions does not create tax distortions for new cars entering the market. Read Full Story


Tanzania Slaps Acacia Mining With USD190bn Tax Fine

by Jason Gorringe,, London

Tuesday, July 25, 2017

Acacia Mining has said that it rejects the legitimacy of a series of tax assessments, said to be worth about USD190bn, from the tax authority in Tanzania. Read Full Story


Aus GST Distribution System 'Hurting Mining States'

by Mary Swire,, Hong Kong

Monday, July 24, 2017

The Minerals Council of Australia has said that under the current distribution system, Western Australia loses more in goods and services tax than it collects in iron ore royalties. Read Full Story


South Africa Legislates For Budget Tax Changes

by Lorys Charalambous,, Cyprus

Thursday, July 20, 2017

The South African Revenue Services and the National Treasury on July 19 released for public comment draft legislation that would give effect to the tax proposals announced in the February Budget. Read Full Story



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