The Philippines’ Mining Fiscal Regime: H1 2016
Summary
GlobalData's fiscal regime report covers The Philippines which has variety of mineral resources, including copper, nickel, cobalt, and gold. Deposits are categorized into metals and non-metals.
The mining industry is governed by the Department of Environment and Natural Resources (DENR), and the Mines and Geosciences Bureau. The Philippine Mining Act of 1995 is the apex governing law for the country’s mining industry.
Scope
- The report outlines the governing bodies, laws, licenses, rights, obligations, and key fiscal terms which include royalty, excise tax, corporate income tax, capital gains tax, withholding tax, optional standard deductions, depreciation, loss carry forward and value added tax (VAT)
Reasons to buy
- Gain an overview of the Philippines' mining fiscal regime.
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