Timetric’s New Zealand fiscal regime report outlines the governing bodies, laws, licenses, rights, obligations and tax-related information for three commodities: coal, iron ore and gold.
Timetric's fiscal regime report covers New Zealand which has a range of minerals that contribute to its construction, energy and transport sectors, such as coal, gold, silver, iron sand and other mineral resources. The country’s mining industry is governed by the Ministry of Business, Innovation and Employment (MBIE), and by its branch New Zealand Petroleum and Mineral (NZP&M), which is responsible for managing the New Zealand government‘s oil, gas, mineral and coal resources, known as the Crown Mineral Estate. Scope
The report outlines the governing bodies, laws, licenses, rights, obligations and key fiscal terms which includes royalty, corporate income tax, withholding tax, capital gains tax, depreciation rates, loss carry forward, goods and service tax.Reasons To Buy
Gain an overview of New Zealand’s mining fiscal regimeKey Highlights
The Ministry of Business, Innovation and Employment (MBIE) is responsible for delivering policy, advice and regulations to support business growth and prosperity of all the country’s residents
New Zealand Petroleum and Mineral is a branch of MBIE, which manages the New Zealand Government’s oil, gas, mineral and coal resources, known as the Crown Mineral Estate.
The Crown Mineral Act 1991 regulates policy for the prospecting, exploration and mining of Crown-owned minerals in New Zealand. This Act was amended on 24 May 2013