‘Ring-Fencing Mining Income’ published, a toolkit for tax administrators and policy-makers. The toolkit aims to clarify what ring-fencing means in the context of mining taxation, the advantages of adopting ring-fencing rules and how to mitigate potential challenges through robust tax policy design and effective tax administration practices
The OECD and the Intergovernmental Forum on Mining, Minerals, Metals and Sustainable Development (IGF) have released a toolkit for tax administrators and policy-makers: ‘Ring-Fencing Mining Income’. Click here to go to the publication on the website of the OECD. A mining company may undertake multiple projects and/or several activities along the mining value chain or be engaged in other commercial or investment activities. The manner in which revenue and expenses ...