Timetric’s Chinese fiscal regime report outlines the governing bodies, laws, licenses, rights and obligations and tax-related information covering 10 main commodities: coal, iron ore, copper, zinc, bauxite, gold, silver, nickel, manganese and uranium.
Timetric's fiscal regime report covers China, where the mining industry is governed by the Ministry of Land and Resources, the Department of Resources Conservation and Environmental Protection. The Mineral Resources law is the apex regulating law for the development of the mining industry, the promotion of exploration, the development of mines and the utilization and protection of mineral resources.
The report outlines the governing bodies, laws, licenses, rights and obligations and key fiscal terms which includes compensation rates, resource tax, land appreciation tax, enterprise income tax, export tariff, vehicle and vessel usage tax, city maintenance and construction tax, stamp tax, loss carry forward, depreciation, withholding tax and value added tax (VAT)
Reasons To Buy
To gain an overview of China’s mining fiscal regime
The State Council is the apex state administrative body which carries out laws enacted and decisions adopted by the National People’s Congress (NPC) and its Standing Committee.
The Ministry of Land and Resources (MLR) is the main governing body for mining activities in China.
The National Development and Reform Commission (NDRC) formulates policy for economic and social development, and coordinates economic factors and guides overall economic restructuring
The Mineral Resources Law (amended on August 29, 1996) is the main law regulating China’s mining industry.