mining taxation regime in east timor

Home - mining taxation regime in east timor

East Timor & Indonesia Action Network (ETAN)

ETAN provides information about, and ways to help, East Timor, which was invaded and subjugated by US ally Indonesia in 1975. ETAN advocates changing US foreign policy and urges support for self-determination and human rights for East Timor.

Settling the maritime boundaries between Timor-Leste …

Timor-Leste for example argues that Point A17 which marks the western edge of the ''gap'' in the 1972 Seabed Treaty should be further east on the basis of a modified equidistance argument. 75 Clearly, neither Portugal as the colonial power, nor Timor-Leste as 76

Fiscal Regimes, Petroleum Contracts, and Natural Gas

Types of Fiscal Regime • Petroleum – Tax & Royalty and PSC systems most common • Mining - Tax & Royalty; PSC uncommon • Mechanics different, but economics can be equivalent • Most countries have an "hybrid" system 2 Licence Contractual Production

Timor-Leste Overview

Investments in human capital are directly linked to Timor-Leste''s future growth, productivity, and competitiveness. In 2017, the Human Capital Index for Timor-Leste stood at 0.43, as compared to the East Asia and the Pacific''s regional average of 0.61.

How To Improve Mining Tax Administration And Collection …

How to Improve Mining Tax Administration and Collection Frameworks A Sourcebook By Pietro Guj, Boubacar Bocoum, James Limerick, Murray Meaton, and Bryan Maybee April 2013 THE WORLD BANK Washington, D.C. and THE CENTRE FOR

Peru country mining guide

The Mining industry in Peru is primarily regulated by mining laws and regulations enacted by Peruvian Congress and the Executive branch of the government. The General Mining Law was approved in 1992 and regulates nine different mining activities. MINEM is the

Timor Sea Treaty

Mining Code" means the Code referred to in Article 7 of this Treaty. (m) ... with their service with the Designated Authority other than taxation under the law of East Timor or Australia in which they are deemed to be resident for taxation purposes ...

Minerals Taxation Regimes

Chapter 2: Mining taxation literature 19 2.1 Taxing the ''resource rent'' 20 2.2 Enhancing international competitiveness 22 2.3 Gaps in the literature 24 Chapter 3: Regime types and taxation instruments 29 ...

Mining Taxation : Mining Taxation : An Application to Mali:

Mali''s gold sector is an enclave with weak forward and backward linkages with the rest of the economy. Given the predominance of the fiscal transmission channel, it is important that the design of the mineral tax regime gives the state a fair share of the benefits.

Mining Taxation and Bureaucratism

Mining Taxation and Bureaucratism 1. Open-MINEded ka ba? forum Sponsored by UP MINERS College of science auditorium, UP Diliman, 22 September 2015 Bienvenido Oplas Jr. President, Minimal Government Thinkers, Inc. Fellow, South East Asia

Taxation in India

Taxes in India are levied by the Central Government and the state governments.[1] Some minor taxes are also levied by the local authorities such as the Municipality.[2] The authority to levy a tax is derived from the Constitution of India which allocates the power to levy various taxes between the Central and the State. An important ...

Global Mining Report Card: Africa needs to improve

Read more about mining in East Africa In terms of overall investment attractiveness, as a region, Africa ranks as the least attractive jurisdiction for investment with a median score of 51.52. Five African countries – Zimbabwe (75th), Tanzania (74th), the Democratic Republic of Congo (70th), Zambia (69th), and Guinea (68th) – ranked in the bottom 10 of the survey rankings this year based ...

Withholding Tax | Timor-Leste Ministry of Finance

The withholding tax rate for income paid to non-residents without a permanent establishment in Timor-Leste is 10%. Rent Payments: payer withholds the tax, unless payer of rent is an individual All rent payments are subject to withholding tax which is required under the law to be withheld and remitted by the payer (Section 55, Taxes and Duties Act ).


Timor-Leste Tax and Investment Guide 2014 1 Contents Snapshot 3 Part A Overview – Political and Social 4 Part B General Investment 8 Part C Taxation – Non Petroleum 14 Part D Taxation – Petroleum Operations i) Sub-Part 1 – Regulatory Background 30 ii

Laws OF Timor-Leste

Timor Leste The Central Bank of East-Timor; Organic Law of 22/06/2011 Banking and Insurance Insurance Law 06/2005 Regime de Licenciamento, Supervisão e Regulação de Companhias de Seguros e de Intermediários de Seguros Licensing, Oversight and


East Timor - Taxation In 2000, UNTAET issued a "Revenue System for East Timor," providing the basis for a tax regime. It largely adopted the Indonesian Income Tax Law with some modifications.

Zambia''s drastic decline against DRC''s copper …

It''s no surprise that Zambia also fell short when measured on its taxation regime, having introduced a new mining tax regime in 2019 which has significantly increased the tax burden on mining companies, making the sector unsustainable and uncompetitive.

Mining taxation in the ASEAN

Mining taxation in the ASEAN 1. Mining Taxation in the ASEAN Mining Conference 2015 Sponsored by the Chamber of Mines of the Philippines (COMP) SOLAIRE Resort, Manila, 15 September 2015 Bienvenido Oplas Jr. President, Minimal Government Thinkers, Inc. Fellow, South East Asia Network for Development (SEANET)

Taxation in Iran

In addition to these mandatory taxes, as of 2007, Islamic taxes were collected on a voluntary basis. These included an individual''s income tax (Arabic khums, "one-fifth"); an alms-tax (), which has a variable rate and benefits charitable causes; and a land tax (), the rate of which is based on the principle of one-tenth of the value of crops, unless the land is tax-exempt.


This report reviews the taxation of oil, gas, and mining sectors by the governments of the major Latin American and Caribbean producing countries. It finds the fiscal regimes in place to be complex and widely divergent in terms of form and structure. The report ...

The Taxation of South African Mining and Prospecting …

With regard to the taxation of mining and prospecting companies that are tax resident in South Africa and its Non-Tax resident shareholders this is arguably a half truth. What is certain is that they are subject to taxes. What is, however, uncertain and even ...

Oil and gas taxation in Timor-Leste

Oil and gas taxation in Timor-Leste 3 Foreign entity taxation Non-resident companies are subject to income tax at 30% on their Timor-Leste sourced income, less allowable deductions. Timor-Leste does not impose a branch profits tax in its Timor-Leste sovereign

Doing business

Valuable information and advice on taxation in East Timor. Austrade can help you to reduce the time, cost and risk of exporting to East Timor. Main navigation For Australians For Exporters Guide to exporting Export markets Export Grants Free Trade Agreements

The Future of East Timor: Major Current Issues – …

East Timor has been an important issue for both Indonesia and for Australia-Indonesia relations since 1975, when the collapse of Portugal''s willingness to continue colonial rule (after the fall of the authoritarian Caetano regime in April 1974) was followed by an

Mining Taxation In Zimbabwe | Ministry of Mines and …

Revenue System for East Timor". Regulation 2000/18 (as amended by the Revenue System Amendment Act 2002) provided the basis for Timor-Leste''s first comprehensive taxation regime (other than for the area covered by the Timor Sea Treaty-see Part B

Timor-Leste Upstream Fiscal & Regulatory Guide, 2020: It …

Timor-Leste Upstream Fiscal and Regulatory Guide, presents the essential information relating to the terms which govern investment into Timor-Leste''s upstream oil and gas sector. The report sets out in detail the contractual framework under which firms must operate in the industry, clearly defining factors affecting profitability and quantifying the state''s take from hydrocarbon production.

Oil and Gas « Government of Timor-Leste

The official Timor-Leste government website, Oil and Gas Decree-Law N. 20/2008, Published in Jornal da República of 19th June 2008, Série I, N.24 (Translated version. For your reference, always compare to the Oficial version published in Jornal da República in

An Economic Evaluation of Gold Mining Tax Regimes in …

For this purpose, the author has evaluated a range of ideas offered by the government to reform the current gold mining tax regime. The most significant barrier to attracting safe and efficient mining is probably not the Kyrgyz Republic''s tax regime, but the high political risk and other difficulties of doing business in the country.

Chapter 4

East Timor received its first royalty payment from the Timor Gap, worth over US$3 million, on 18 October 2000. The revenue came from oil lifted from the Elang-Kakatua field, the only active oil field in the Timor Sea. The figure represented half of the revenues

Taxation | Timor-Leste Ministry of Finance

Taxation Law The Taxes and Duties Act was passed by the National Parliament of Timor-Leste in June 2008 and came into effect on 1 July 2008. The Act changed aspects of Timor-Leste''s tax system including many tax rates. There are also other laws that impac ...