Papua New Guinea’s Mining Fiscal Regime H1 2016
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GlobalData's fiscal regime report covers Papua New Guinea which has a variety of natural resources such as gold, copper, silver and natural gas. The Mineral Resources Authority (MRA) is the authority responsible for governing the mining industry in the country. The Mining Act 1992 is the apex law for the mining industry.
Scope
The report outlines the governing bodies, laws, mining licenses and key fiscal terms which includes royalty, development levy, corporate tax, withholding tax, stamp duty, tax incentives, loss carry forward, capital and exploration expenditure-allowable deductions and goods and service tax (GST).
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To gain an overview of Papua New Guinean mining fiscal regime
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